EMPLOYMENT TAX

Rev. Proc. 2001–56, page 590. This procedure provides optional methods for determining the value of the use of demonstration automobiles provided to employees by automobile dealerships. The optional methods include (1) a simplified method for the full exclusion of qualified automobile demonstration use, (2) a simplified method for the partial exclusion of nonqualified demonstration automobile use, and (3) a simplified method for the full inclusion of nonqualified demonstration automobile use.

Page 603. 2002 social security contribution and benefit base; domestic employee coverage threshold. The Commissioner of the Social Security Administration has announced (1) the OASDI contribution and benefit base for remuneration paid in 2002 and self-employment income earned in taxable years beginning in 2002, and (2) the domestic employee coverage threshold amount for 2002.

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Actions Relating to Court Decisions is on the page following the Introduction. Announcement of Declaratory Judgment Proceedings Under Section 7428 begins on page 604. Finding Lists begin on page ii.