This alert provides summary information about an important issue you may wish to review with your payroll provider, tax or accounting department, or CPA to determine whether you need to make any adjustments to your tax withholding amounts for 2023 ...
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PSA Insurance and Financial Services

IMPUTED INCOME FOR GROUP TERM LIFE INSURANCE

This alert provides summary information about an important issue you may wish to review with your payroll provider, tax or accounting department, or CPA to determine whether you need to make any adjustments to your tax withholding amounts for 2023 W-2’s. Generally, employees are not taxed on the value of employer-provided benefits for the employee […]

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