Additional employment tax updates with possible relevance for tax-exempt organizations
The IRS today released Rev. Rul. 2025-4 providing guidance on the income and employment tax treatment of contributions and benefits paid in certain situations under a state paid family and medical leave program, as well as the related reporting requirements.
You can read about this employment tax development in KPMG TaxNewsFlash. For more U.S. employment tax (and other U.S. tax) updates that may be of importance to exempt organizations, visit TaxNewsFlash-United States and subscribe for email alerts.
For more information, contact your usual KPMG tax professional or one of the following Washington National Tax professionals:
Ruth Madrigal | ruthmadrigal@kpmg.com
Preston Quesenberry | pquesenberry@kpmg.com