Human Resources News & Insights

White House wants to tax health benefits

Quietly tucked inside President Obama’s 155-page jobs bill is a provision to count a portion of the value of health benefits provided to certain individuals as taxable income.

IRS cuts cell phone tax headache

Great news: The IRS has eliminated one major headache for employers associated with a common fringe benefit — cell phones.

Holiday gift cards = taxable income

Giving employees gift cards this holiday season is a nice idea. Just be sure you’re not falling into this tax pitfall.