State:
Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
May 22, 2007
Bill Would End Tax Inequity for Same-Sex Couples

Employer contributions for a domestic partner's health insurance benefits would no longer be considered taxable income, under a bill recently introduced by Rep. Jim McDermott (D-Washington).

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

Under existing law, an employer's contribution for the health insurance premium for an employee's spouse is not considered to be taxable income to the employee, but coverage for a domestic partner is, he explains. The Tax Equity for Health Plan Beneficiaries Act (H.R. 1820) would change that.

"This glaring inequity can add thousands of dollars to an employee's taxable income every year, and result in higher federal income taxes, when the only difference is one household includes a married couple and another household includes a domestic partnership--that's absolutely wrong," McDermott says.

Featured Free Resource:
Cost Per Hire Calculator
   
   
 
 
Twitter  Facebook  Linked In
Follow Us
CT-WEB06
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on http://Compensation.BLR.com
Document URL: http://compensation.blr.com/Compensation-news/Benefits-Leave/Healthcare-Insurance/Bill-Would-End-Tax-Inequity-for-Same-Sex-Couples/