Are Severance Payments Subject to FICA?

The definition of wages for purposes of income tax withholding and for the Federal Insurance Contributions Act has often been a point of contention. The Supreme Court recently reversed�an appellate decision and held that severance payments to employees who were involuntarily terminated were

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/Rnc51fPaGy4/Sanders_Aug14.aspx

tax accounting firms sales tax tucson payroll tax tucson small business accounting tucson accounting tax tucson