If you’ve followed my byline in EBN over the years, you’ll note that I don’t often write stories about tax issues. One of the perks of being the boss is that most of the time, I can assign myself only stories that genuinely interest me. Tax issues? Thanks, but no thanks. However, after sitting down several months ago with Sean Watts, principal of human capital at Ernst & Young, to talk about the key tax considerations for benefits practitioners when it comes to payroll and total compensation, I have to say: While I still don’t find benefits tax issues interesting, I see how understanding them is imperative. Keep reading, and I think you will, too. -K.M.B.