Taxation of Current Compensation and Benefits

Attorneys advising businesses large and small must deal with the many federal tax rules applicable to payments of compensation and benefits. This class addresses the overall structure of the applicable income and employment taxes and provides in-depth coverage of some of the more important issues regarding the taxation of compensation and current benefits. These issues include the distinction between employees and independent contractors, the distinction between wage and non-wage income, and the tax treatment of various kinds of current compensation and of fringe benefits.