The U.S. Internal Revenue Service has scheduled a webcast concerning accumulated sick and vacation pay deferred to 403(b) or 457(b) Plans
Revenue Agents from the Office of Federal, State and Local Governments Lori Stieber and Patricia A. Regetz will present a webcast addressing the treatment of accumulated sick and vacation pay deferred to 403(b) or 457(b) Plans for tax purposes on June 2, 2016 at 2 p.m. Eastern Time; 1 p.m. Central Time; 12 p.m. Mountain Time, and 11 a.m. Pacific Time.
Register for this webcase at: https://www.webcaster4.com/Webcast/Page/925/15027.
Those registered will use the same link to attend the event.
Among the topics to be covered:
1. When is accumulated sick and vacation leave pay subject to Federal Employment Taxes
2. When can taxes be deferred and for how long?
3. What is an elective contribution?