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Results: 11-20 of 4,788

Transit parity guidance
  • Kilpatrick Townsend & Stockton LLP
  • USA
  • January 17 2013

The IRS provides guidance in Notice 2013-8 concerning the retroactive increase in the transit limit for 2012. The most favorable piece of the


Federal government seeks Supreme Court review of quality stores decision excluding severance payments from FICA
  • McGuireWoods LLP
  • USA
  • June 7 2013

On May 31, 2013, the federal government, after requesting two extensions, filed its long-awaited petition for writ of certiorari seeking U.S. Supreme


Making your Section 409a list and checking it twice: year-end deadline for amending agreements providing for certain severance payments contingent on employee action
  • Gardere
  • USA
  • December 7 2012

Section 409A of the Internal Revenue Code (the “Code”) governs deferred compensation arrangements and requires such arrangements to comply with very specific rules to avoid the imposition of additional taxes (at the rate of 20), interest and penalties on the deferred compensation payable to covered employees and other service providers


U.S. Supreme Court clarifies that severance pay is taxablein most cases
  • Drinker Biddle & Reath LLP
  • USA
  • March 26 2014

On Tuesday, March 25, 2014, the U.S. Supreme Court, in an 8-0 decision, ruled that severance payments made to employees who are involuntarily


High Court rules some severance payments are taxable
  • Ogletree Deakins
  • USA
  • March 26 2014

This morning, the Supreme Court of the United States held that severance payments are taxable under the Federal Insurance Contributions Act (FICA


Forget not the excess benefit rules!
  • Briggs and Morgan
  • USA
  • July 23 2013

Non-Profit employers usually exist in the same employment law "world" as do for-profit employers. However, as to senior executive compensation and


Guidance released regarding “affordability” requirement for dependent coverage
  • Haynes and Boone LLP
  • USA
  • February 8 2013

The IRS issued final regulations confirming that, for purposes of determining eligibility for the premium tax credit under PPACA, coverage is


Supreme Court decides in favor of IRS in Quality Stores: FICA generally applies to severance payments
  • McDermott Will & Emery
  • USA
  • March 26 2014

The Supreme Court of the United States has decided in favor of the Internal Revenue Service in United States v. Quality Stores, Inc., holding that


Supreme Court holds that severance payments constitute wages under FICA
  • Locke Lord LLP
  • USA
  • March 27 2014

On March 25, 2014, the United States Supreme Court held in United States v. Quality Stores, Inc. that severance payments made to employees who were


Supreme Court holds severance pay subject to FICA
  • Seyfarth Shaw LLP
  • USA
  • March 25 2014

The Supreme Court has ruled that severance pay is subject to the Social Security (FICA) withholding tax, dashing the hopes of many employers who had