Company stock free from employer withholding--for now.

PositionIRS News - Brief Article

The IRS will not forge ahead with a plan to force employers to withhold Social Security and other payroll taxes on company stock that employees buy through options or company purchase plans.

According to congressional estimates, the taxes were expected to cost employees a total of $23 billion over 10 years.

Employees still owe regular income taxes on their stock and option profits, and the IRS decision has no bearing on non-qualified stock options.

However, IRS...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT