Classification as a Statutory Employee
Statutory employee status may be beneficial for both an employee and his or her employer; however, an employee must meet specific requirements to qualify as a statutory employee. This article discusses the...
Published on December 01, 2010
Employment Tax Liabilities of Foreign Entities
A number of technical questions are involved in determining status as an employer for federal employment tax purposes when a foreign business sends individuals to work in the United States
Published on July 24, 2013
Partners as Employees Properly Reporting Partner Compensation
How do partnerships treat (former) employees once they receive an equity interest in a partnership
Published on October 31, 2013
IRS Proposes Employer Play-or-Pay Regulations Under Health Care Reform
The IRS issued proposed regulations on the employer shared-responsibility provisions under Sec. 4980H, sometimes referred to as the “play-or-pay” rule.
Published on April 01, 2013
The National Taxpayer Advocates Annual Report to Congress (Part II)
This item outlines the recommendations of Nina Olson, the national taxpayer advocate, for legislative reforms to the Code as presented in her annual report to Congress.
Published on January 28, 2011
Accelerating FICA and FUTA Tax Deductions for Vacation and Bonus Pay
Rev. Rul. 2007-12 holds that if the all-events test and recurring-item exception of Sec. 461 are otherwise met, an accrual-method taxpayer may deduct FICA and FUTA tax expenses (payroll taxes) in the year that the deferred compensation to which they relate is earned, regardless of whether that deferred compensation is
Published on May 18, 2010
Worker Classification Issues on Washington Agenda
Worker classification issues have become a major tax administration focus in our nation’s capital over the past few months.
Published on December 31, 2011
Section 530 Relief for Worker Classification Controversies
This article reviews the common law principles and authoritative guidance available to distinguish when workers are employees and the Section 530 safe-harbor provisions
Published on July 23, 2013
S Corporation Shareholder Compensation How Much Is Enough
This article looks at recent court decisions regarding S corporation shareholder reasonable compensation that provide helpful guidance on how an adviser can determine what is reasonable compensation.
Published on April 20, 2012
Capitalizing a Corporation with Loans from Shareholders
This item discusses how best to design a corporation’s capital structure to allow corporate cash to be withdrawn without incurring double taxation, with a focus on how to capitalize the corporation with loans from shareholders.
Published on July 20, 2011