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
- Certain fringe benefits are not subject to New York State (NYS) income tax withholding. See Group-Term Life Insurance; Moving Expenses; Educational Assistance.
- An employer of 20 or more full-time employees who work in New York City (NYC) must offer those full-time employees the option of pre-tax pay deductions to fund certain commuter benefits. See Commuter Benefits.