The Internal Revenue Service is conducting a National Research Program focusing on uncollected employment taxes for both for-profit and not-for-profit organizations. The IRS recently indicated the most common reason it imposes sanctions on tax-exempt organizations is the improper reporting of fringe benefits. When tax-exempt organizations provide fringe benefits as part of an executive’s compensation package, those benefits most be included when calculating the total compensation paid to that executive. (more…)
Archive for May, 2011
Bernard T. King Authors and Presents Paper on Health Care Reform at International Conference for Attorneys | Employee Benefits & New York Law
Bernard T. King authored and presented a paper the Patient Protection and Affordable Care Act at the 9th Annual Iron Workers International Attorneys’ Conference including a history and introduction to health care reform, a timeline of the implementation of various requirements and an update on legal/legislative challenges currently underway. (more…)