Taxation of Compensation and Benefits

New and Updated

• Type:

  Legal Timetable

  One Big Beautiful Bill Act Provision Regarding Qualifying Direct Primary Care Arrangements Takes Effect

• Type:

  Employment Law Guide

  Taxation of Employee Benefits: Federal

  Updated to reflect information regarding telehealth services, and forthcoming changes regarding direct primary care arrangements and the tax free limit on dependent care assistance benefits under the One Big Beautiful Bill Act. 

• Type:

  Employment Law Guide

  Taxation of Employee Compensation: Federal

  Updated to reflect information regarding taxation of benefits such as qualified transportation fringe benefits, qualified moving expense reimbursements, and educational assistance under the One Big Beautiful Bill Act.

• Type:

  Employment Law Guide

  Taxation of Employee Compensation: Washington

  Updated to reflect amendments to the Seattle Commute Trip Reduction Program, effective June 13, 2025.

• Type:

  Legal Timetable

  Seattle, Washington, Commute Trip Reduction Program Amendments Take Effect

• Type:

  50-State Charts

  Internal Revenue Code Conformity by State

  Updated to reflect a changed IRC reference date in Maine.

• Type:

  50-State Charts

  Taxation of Supplemental Wages by State

  Updated to reflect a reduced rate in Georgia, effective July 1, 2025.

• Type:

  Quick Reference

  Annual Retirement Plan COLAs and Fringe Benefit Limitations

  Updated to reflect forthcoming 2026 inflation-adjusted amounts for health savings accounts under IRS Rev. Proc. 2025-19. 

• Type:

  Checklists

  Payroll Practices and Procedures Checklist

  Updated to reflect IRS Notice 2025-15 regarding requirements for furnishing employees with Forms 1095-C and 1095-B.

• Date:

  November 5, 2024

  Type:

  News

  401(k) Maximum Going Up to $23,500 Next Year

  The IRS has released its 2025 cost-of-living adjustments (COLAs) to benefits and contributions to qualified retirement and deferred contribution plans.