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LGBT employees get help with taxes on benefits

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in Compensation and Benefits,Human Resources

Ernst & Young on Jan. 1 began reimbursing its lesbian, gay, bisexual and transgender (LGBT) employees for the additional federal and state taxes they pay on same-sex domestic partners’ medical benefits.

The New York-based accounting giant is the first Big Four firm to offer the tax offset—called “grossing up”—and joins 30 other for-profit employers that do it, estimates the civil rights organization Human Rights Campaign.

Ernst & Young has offered its U.S. employees same-sex domestic partner benefits since 2002. Under federal and some state laws, same-sex partnerships are not recognized, so employees enrolled in domestic partner benefits incur extra taxes.

The firm also added gender identity/expression to its nondiscrimination policies.

Contact: Mandy Dorn, Ernst & Young, (202) 327-6805.

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{ 1 comment… read it below or add one }

GMB May 11, 2012 at 10:14 am

Disgusting

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