Severance Payments Remain Taxable Wages for Purposes of FICA
By EsqSocial Corporation 28/03/14
In an eight to zero decision (with Justice Kagan recused), the U.S. Supreme Court held on March 25 in United States v. Quality Stores, Inc. that severance payments made to involuntarily terminated employees are “wages” under the Federal Insurance...
By: Cozen O'Connor