Discussion:Nevermind this Thread.....

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

(Difference between revisions)
Jump to: navigation, search

Gmikeg (Talk | contribs)
(New Discussion)
Next diff →

Revision as of 18:20, 16 December 2007

Discussion Forum Index --> Basic Tax Questions --> Nevermind this Thread.....
Discussion Forum Index --> Tax Questions --> Nevermind this Thread.....

Gmikeg (talk|edits) said:

16 December 2007
Greetings!

There are many threads on this topic, but none about this new Notice, that I could find. Notice 2008-1 seems to clarify the whole 2% S/H Health Ins. deduction and also states clearly that the wages are NOT subject to FICA and Medicare W/H.

But here's my payroll/accounting question: The Corporate-deducted premuims need to show as income to the S/H. so, do I just book all the premiums paid by the Corp to "wage expense"? I could also use a wash account, if needed. Thanks.

Happy Sunday to all!

Mike G., EA