Taxation of Employee Compensation: New York
Federal law and guidance on this subject should be reviewed together with this section.
Author: Vicki M. Lambert, The Payroll Advisor
Summary
- Certain fringe benefits are not subject to New York State (NYS) income tax withholding. See Group-Term Life Insurance; Moving Expenses; Educational Assistance.
- New York City (NYC) has requirements pertaining to commuter benefits. See Local Requirements.