Tip - Severance Payments Subject to FICA Withholding

Published 9 years ago | Submitted by Jena Gardner

The Supreme Court, reversing a decision of the Sixth Circuit, held that severance payments to terminated employees are subject to FICA withholding.

For further reading: http://www.thetaxadviser.com/issues/2014/jun/tax-trends-01.html

Posted: 9 years ago

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