Taxation of Compensation and Benefits

New and Updated

• Type:

  Employment Law Guide

  Taxation of Employee Compensation: Federal

  Updated to reflect increased business vehicle standard mileage rate, effective July 1, 2026.

• Type:

  50-State Charts

  Internal Revenue Code Conformity by State

  Updated to reflect changed IRC reference date in Oregon, effective June 5, 2026.

• Type:

  Quick Reference

  Annual Retirement Plan COLAs and Fringe Benefit Limitations

  Updated to reflect 2027 inflation-adjusted amounts for health savings accounts.

• Type:

  50-State Charts

  Taxation of Supplemental Wages by State

  Update to reflect reduced rate in Georgia, effective May 11, 2026, and Arkansas, effective June 1, 2026. 

• Type:

  Editor's Choice

  Payroll Compliance Under the One Big Beautiful Bill Act: What Employers Need to Get Right Starting in 2026

  Updated to reflect information regarding final regulations on employee tips under the OBBBA. 

• Type:

  Employment Law Guide

  Taxation of Employee Benefits: Federal

  Updated to reflect the extension of transition guidance regarding paid family and medical leave reporting rules; information regarding Trump Accounts under the OBBBA; and Roth catch-up contributions rules under 401(k) plans, effective January 1, 2026.

• Type:

  Checklists

  Payroll Practices and Procedures Checklist

  Updated to reflect information regarding tip and overtime pay reporting under the OBBBA.

• Type:

  50-State Charts

  Taxation of Key Fringe and Retirement Benefits by State

  The following chart compares state vs federal tax treatment of common employer-provided fringe benefits, including group-term life insurance, moving expense reimbursements, educational assistance under IRC § 127, and retirement benefits under IRC § 401(k) plans and IRC § 125 Cafeteria plans.

• Type:

  50-State Charts

  Tax Treatment of Same-Sex Civil Union and Domestic Partnership Partner Benefits by State

  This chart has been updated to remove same-sex marriage information, as federal and state tax treatment is now aligned. The title now reflects its current focus on taxation of benefits for those in same-sex civil unions and domestic partnerships, which continues to vary by state.

• Date:

  September 23, 2025

  Type:

  News

  IRS Releases Proposed Regulations on Qualified Tips Under the OBBBA

  The IRS issued proposed regulations defining the tipped jobs that qualify for deduction under the OBBBA, and which will affect employer wage reporting on a tipped employee's Form W-2, Wage and Tax Statement.