When the Internal Revenue Service (IRS) determines during an examination that a fringe benefit should have been taxed and the employer accordingly has to pay additional taxes in a later year, how is the subsequent payment...more
If you provide your employees with company-owned or company-leased vehicles, you know that it is not always easy for your employees to keep track of all of their automobile-related expenses.
To meet Internal Revenue...more
In part one of this two-part series, “On-Premises Fringe Benefits, Part I: Is There Such a Thing as a Free Lunch?,” I discussed the Internal Revenue Code’s provisions on tax-free employer-provided meals in addition to the...more
It is no secret that many Silicon Valley employers serve free gourmet meals to their employees—the Wall Street Journal, Bon Appétit magazine, Time, Forbes, and other media sources have reported on this benefit. In addition,...more
In This Issue:
- Employee Benefits. Recent IRS letter reminds employers about issues associated with offering “free” parking
- State Round-Up. Learn about the latest employment law news in your state
-...more
11/12/2014
/ Dart Cherokee Basin Operating Co. v. Owens ,
Ebola ,
EEOC v Abercrombie ,
Employee Benefits ,
Equal Employment Opportunity Commission (EEOC) ,
Facebook ,
Fringe Benefits ,
Integrity Staffing v Busk ,
IRS ,
Mach Mining v EEOC ,
NLRB ,
OSHA ,
Reporting Requirements ,
SCOTUS ,
Wage and Hour ,
Workplace Bullying ,
Workplace Violence ,
Young v United Parcel Service
A recent Information Letter issued by the Internal Revenue Service (IRS) on the taxation of employer-provided parking, although noncontroversial, serves as a useful reminder that “free” parking for employees may result in...more
The Internal Revenue Service (IRS) is getting ready to ramp up enforcement of Section 409A of the Internal Revenue Code. The federal agency recently announced the launch of a new project to assess the level of taxpayer...more
On September 23, 2013, the Internal Revenue Service (IRS) released Notice 2013-61, which provides optional administrative procedures that employers may use to correct overpayments of employment taxes paid for 2013 and prior...more
In part one of this two-part series, “The Advantages of Offering Supplemental Unemployment Benefits Instead of Severance, Part I: FICA Taxes and More,” I reviewed the advantages of offering supplemental unemployment benefits...more
According to the Internal Revenue Service (IRS), severance is subject to Federal Insurance Contribution Act (FICA) tax and certain supplemental unemployment benefits are not....more
In part one of this two-part series, “Supreme Court DOMA Decision — Part I: Fringe Benefits and Other Tax Implications,” I reviewed the fringe benefit and tax implications of the United States v. Windsor decision....more
Is your company considering reclassifying certain workers, but hesitant because it is worried about triggering a federal employment tax audit or not having consistently filed Form 1099s for those workers in the past? If you...more
The battle between the Internal Revenue Service (IRS) and taxpayers continues over independent contractor treatment. ...more
On January 16 the Internal Revenue Service (IRS) issued guidance on the application of the retroactive increase in excludible transit benefits, as enacted under the American Taxpayer Relief Act of 2012 (ATRA). IRS Notice...more
1/18/2013
/ American Taxpayer Relief Act ,
Employee Benefits ,
FICA Taxes ,
IRS ,
Recordkeeping Requirements ,
Reporting Requirements ,
Retroactive Application ,
Tax Benefits ,
Transit Benefits ,
W-2 ,
Withholding Errors
On October 18, 2012, the U.S. Department of Justice filed a petition for rehearing en banc in the Sixth Circuit Court of Appeals in United States v. Quality Stores, Inc., No. 10-1563 (September 7, 2012), asking the full court...more
Any employer that implemented reductions in force or layoffs after 2008 should consider filing refund claims for the Federal Insurance Contributions Act (FICA) taxes paid on severance benefits based on a recent Sixth Circuit...more