On March 4, 2019, the U.S. Supreme Court held in BNSF Railway Co. v. Loos that a railroad’s payment to an employee for work time lost due to an on-the-job injury is taxable compensation under the Railroad Retirement Tax Act...more
3/6/2019
/ Appeals ,
Back Pay ,
BNSF Railway ,
BNSF Railway Company v Loos ,
Compensation ,
Employer Liability Issues ,
Federal Employers’ Liability Act (FELA) ,
Lost Wages ,
Non-Taxable Income ,
Railroad Retirement Tax Act (RRTA) ,
Remand ,
Reversal ,
SCOTUS ,
Severance Pay ,
Taxable Income ,
Wage and Hour ,
Workplace Injury
On June 21, 2018, the Supreme Court held in Wisconsin Central Ltd. v. United States that railroad stock options are not taxable compensation under the Railroad Retirement Tax Act of 1937 (the “RRTA”). This ruling represents...more
6/25/2018
/ Appeals ,
Compensation & Benefits ,
Employee Stock Purchase Rights ,
Internal Revenue Code (IRC) ,
Non-Taxable Income ,
Payment-In-Kind ,
Railroad Retirement Tax Act (RRTA) ,
Remand ,
Remuneration ,
Reversal ,
SCOTUS ,
Stock Options ,
Taxable Income ,
Wisconsin Central Ltd v United States