Entries tagged “w-2”
“Employees” v. “Independent Contractors”: A Benefits Perspective
insights Thomas M. White · March 20, 2012
The Internal Revenue Code provides significant tax benefits to employers that sponsor tax-favored retirement and health and welfare plans. For example, in calculating an employer’s income tax, the current cost of providing benefit coverage may be deducted from taxable income, although plan participants are not currently taxed on the benefits at that time. However, these…