The American Institute of Professional Bookkeepers VOLUME 2: Issue 7

More 2005 Year-End Reminders

Here are some important reminders for year-end 2005, which we reported to our 30,000 members in their free monthly technical update, The General Ledger (

However, cafeteria plans, group-term life insurance and parties are only a few fringe benefits.

How—and where—do you report fringes such as: • employee discounts? • use of employer-leased workout centers? • below-market or interest-free loans? • third-party sick pay? • business expense advances or reimbursements under an accountable plan v. nonaccountable plan? • federal per diem reimbursements? • nontaxable moving expenses? • other benefits?

Find answers instantly in the box-by-box, line-by-line chart, “What goes where on the W-2, 941 and 940?” in the December issue of our monthly technical briefing for members, The General Ledger—yours free if you join now (

Join now and you also get:

Free Report #1: Join now and you will also get “21 Key Bookkeeping Changes in Current Tax Laws.” Discover:

Free Report #2: “Better Bookkeeping in 15 Minutes—the 25 Best Bookkeeping Tips of 2005.” How to:

Free Report #3: “The Bookkeeper's Guide to Internal Controls.” Know easy ways to protect yourself:

But when you get more than these 3 free special reports when you join.

You also can also call our free Member Answerline and let experts answer your everyday bookkeeping and payroll questions. You get a free monthly update on changes in filing, reporting and record-keeping requirements. You get special member discounts on products and services for bookkeepers, and more. To join now, click here:

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