Taxation of Employee Compensation: Employment Law Manual Updated With Fourth-Quarter Developments

Author: Rena Pirsos, XpertHR Legal Editor

To assist an employer in properly taxing the earnings and benefits of its employees, the Taxation of Employee Compensation section of the Employment Law Manual has been updated to reflect several fourth-quarter 2015 developments. These include updated per diem and SIFL rates; an IRS announcement regarding the tax treatment of employer-provided identity theft protection services; and proposed regulations easing Internal Revenue Code § 83(b) election filing procedures (in regard to employer stock provided as compensation).