Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
IRS DEFERS DEFERRED COMPENSATION W-2 REQUIREMENT
December 12, 2005
The IRS has temporarily suspended the rules that would have required employers to report deferred compensation amounts on employee W-2s for 2005.
New Section 409A, which sets strict new rules on how non-qualified deferred compensation is treated, requires employers to disclose deferred amounts that are not yet taxable on W-2s. Similar rules apply for 1099 reporting for independent contractors. Notice 2005-94 suspends these requirements until further notice.
Bookmark: del.icio.us • Digg • reddit
Tax Updates
Subscribe to Tax Updates
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Search Tax Updates
Friends and Neighbors
Economics Nerds
Hard-Core Tax Nerds
Gigablogs
Insurance Folk
Goners
Legislation
Tax Update Data Feeds
