Employee benefits aspects of partnerships and LLCs

Article Abstract:

The author discusses issues concerning employee benefits, employment taxes, and compensation which are specific to partnerships and limited liability companies.

Analysis, Compensation and benefits, Limited liability companies, Partnership, Partnerships

---

Employee leasing rules present problems

Article Abstract:

This article concerns Tax Code provisions, IRS regulations, and case law relating to employee benefits for leased employees. The amendment of IRC section 414(n) by the Small Business Job Protection Act of 1996 created some problems and confusion when the definition of leased employee was changed with the result that the recipient employer is treated as the employer for almost all purposes, including in areas concerning withholding, ERISA, and FICA. Law reform or further IRS regulations are needed.

Employment services, Workers, Agency (Law)

---

IRS announces new position on FICA tax for employer stock acquired under s. 423 employee stock purchase plans

Article Abstract:

This article concerns IRS Field Service Advice (FSA) 199926034 where the IRS states its intention to require FICA taxation on employees' exercise of stock options issued under IRC section 423 plans. The FSA creates several administrative complications for employers, and, also, some procedural uncertainty remains.

Stock Options, Executive compensation, Employee stock options, Payroll tax

Similar abstracts:

• Abstracts: A comparison of a security agreement under the current Article 9 and the new Article 9. A comparison of the current Article 9 and the new Article 9
• Abstracts: IRS harvests self-employment tax on farm lease-type payments. Hiring a spouse could add a healthy deduction
• Abstracts: A court revolution brewing? Justices tinker with the federalism trend, but watch out next term. New federalism litmus; rulings, orals show findings by Congress key focus of justices

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.