As college graduates struggle under the weight of larger student loan burdens, some employers have begun to offer student loan repayment benefits intended to help employees repay their loans. In May, House Ways and Means Committee member Robert Dold (R-IL) introduced legislation that would, among other changes, amend Section 127 of the Internal Revenue Code
July 2016
Two District Courts Rule Stock Option Income Subject to RRTA Tax
By Marianna G. Dyson on
Two more railroad companies have failed in their efforts to obtain Railroad Retirement Tax Act (RRTA) tax refunds based on the application of RRTA’s definition of “compensation” as it relates to nonqualified stock option exercises by employees. Just a week apart, the U.S. District Courts for Nebraska in Union Pac. R.R. Co. v. United States…