US v. Quality Stores, Inc.: Supreme Courts Finds Severance Payments Taxable Wages Under FICA
By EsqSocial Corporation 10/04/14
In an 8-0 decision issued March 25, 2014 in United States v. Quality Stores, Inc., the Supreme Court held that severance payments made to employees who are involuntarily terminated are taxable wages for the purposes of withholding Federal Insurance...
By: Sheppard Mullin Richter & Hampton LLP