TNV Employee tax Controversy


Employment tax controversy

Part of the Tax News & Views podcast series

Are you prepared for an employment tax audit? In this latest episode, Deloitte managing director and compensation tax specialist Jason Russell walks through some of the latest trends in this space and highlights what companies need to look out for as the IRS starts to conduct more employment tax audits as a result of the pandemic.

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Tax podcast: Employment tax controversy

May 11, 2021

Whether you are working from your apartment in the city, at a rental in the suburbs, or from your grandparent’s vacation house, tax auditors are looking more closely at how employers are withholding taxes from their remote workforce during the pandemic. In this latest episode, Deloitte Tax leader and host Carrie Falkenhayn talks employment tax with Deloitte managing director and compensation specialist Jason Russell, who highlights some of the challenges both private and publicly traded companies are facing and what steps they can take to prepare for a tax audit.

The hardest thing to convince a client to do in a situation like this is to start digging into what their exposure number is. For most clients that we talked to in the tax or finance space, they initially want to be a little dismissive of it because ‘it's payroll,’ and we have to remind them that we've seen liabilities that can run.

—Jason Russell

Jason also looks at some of the complexities seen at the state level, such as New York, which taxes employees as if they were working in New York, even if they are in a different state.

employment tax contoversy
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