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Treasury’s On-Demand Pay Proposal Shows IRS’s Concern with Constructive Receipt, Says Tax Services Director

ThomsonReuters

A tax services director in Washington D.C. says that the Treasury Department’s proposal to clarify the tax treatment of on-demand pay arrangements makes it “clear” that the IRS is concerned with the constructive receipt issue of this trending employee benefit. 3102 , Code Sec. 3111 , and Code Sec.

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Year-End State and Local Tax Planning Perspective

Withum

As the economy continues to evolve, widespread telecommuting, the looming economic downturn, and state budget shortfalls has increased the focus on state taxes. Although telecommuting raises many concerns, some of these central issues put into focus are: Income and sales tax nexus. Income tax apportionment. Contact Us.