The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income ...
On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...
Office workers could be taxed for perks like on-site gyms, parking, transit passes and free meals under a proposal floated by ...
Employers can’t contribute directly to an employee’s personal Roth IRA, but they can still help with retirement savings in ...
As mandatory State paid family leave and paid family and medical leave (collectively “PFML”) programs have significantly expanded and proliferated ...
Every fall, millions of American workers spend time making financial decisions that will affect them for the entire upcoming year. Benefits enrollment season is a critical time for choosing ...
WASHINGTON — Legislation reintroduced in the House of Representatives seeks to encourage employer support by reestablishing a ...
BUT WHAT EXACTLY ARE DE MINIMIS BENEFITS ? De minimis benefits can be best described as non-taxable compensation granted by employers to their employees holding managerial and rank-and-file positions ...
While the ESOPs are beneficial for the employees, the benefits are yet to come on par with the conventional capital gains ...
This can provide employees with the benefits of Roth savings, including tax-free withdrawals in retirement, and significantly enhance an employee’s retirement savings strategy by leveraging the ...