Quantcast
Channel: Ogletree Deakins Blog » FICA
Browsing all 14 articles
Browse latest View live

Image may be NSFW.
Clik here to view.

Sixth Circuit Decision Offers FICA Tax Refund Opportunities for Severance Pay

Any employer that implemented reductions in force or layoffs after 2008 should consider filing refund claims for the Federal Insurance Contributions Act (FICA) taxes paid on severance benefits based on...

View Article



Image may be NSFW.
Clik here to view.

Time is Running Out! November 2 Deadline to Request MTA Payroll Tax Refunds

In a case with far-reaching implications—including the potential for refund claims to be filed by any employer that has paid the Metropolitan  Commuter Transportation Mobility Tax (the MTA Payroll Tax...

View Article

Image may be NSFW.
Clik here to view.

Government Challenges Sixth Circuit Decision in Quality Stores, Inc.

On October 18, 2012, the U.S. Department of Justice filed a petition for rehearing en banc in the Sixth Circuit Court of Appeals in United States v. Quality Stores, Inc., No. 10-1563 (September 7,...

View Article

Image may be NSFW.
Clik here to view.

IRS Guidance to Implement Retroactive Increase in 2012 Mass Transit Benefit...

On January 16 the Internal Revenue Service (IRS) issued guidance on the application of the retroactive increase in excludible transit benefits, as enacted under the American Taxpayer Relief Act of 2012...

View Article

Image may be NSFW.
Clik here to view.

Supreme Court DOMA Decision—Part I: Fringe Benefits and Other Tax Implications

On June 26, 2013, the Supreme Court of the United States issued its highly anticipated decision in United States v. Windsor, ruling that Section 3 of the federal Defense of Marriage Act (DOMA) is...

View Article


Image may be NSFW.
Clik here to view.

Supreme Court DOMA Decision—Part II: Wage Overstatements and Tax Refunds

In part one of this two-part series, “Supreme Court DOMA Decision—Part I: Fringe Benefits and Other Tax Implications,” I reviewed the fringe benefit and tax implications of the United States v. Windsor...

View Article

Image may be NSFW.
Clik here to view.

The Advantages of Offering Supplemental Unemployment Benefits Instead of...

According to the Internal Revenue Service (IRS), severance is subject to Federal Insurance Contribution Act (FICA) tax and certain supplemental unemployment benefits are not. That’s right . . ....

View Article

Image may be NSFW.
Clik here to view.

The Advantages of Offering Supplemental Unemployment Benefits Instead of...

In part one of this two-part series, “The Advantages of Offering Supplemental Unemployment Benefits Instead of Severance, Part I: FICA Taxes and More,” I reviewed the advantages of offering...

View Article


Image may be NSFW.
Clik here to view.

Is the Severance that Your Company Pays to Fired Workers Taxable? The Supreme...

On October 1, 2013, the Supreme Court of the United States agreed to hear a case concerning whether employees’ severance payments are taxable. The case, United States v. Quality Stores, Inc., came out...

View Article


Image may be NSFW.
Clik here to view.

“Alleged Clothes,” “Things of Value,” and “Recess Appointments”: What’s In...

Last week started the 2013-2014 Term at the Supreme Court of the United States. While the hot issues last year were DOMA, Title VII (Vance v. Ball State University and University of Texas Southwestern...

View Article

Image may be NSFW.
Clik here to view.

Supreme Court Justices Consider Taxability of Certain Severance Pay During...

Yesterday the Supreme Court of the United States heard oral arguments in United States v. Quality Stores, Inc., a case on appeal from the Sixth Circuit Court of Appeals. A circuit court split had...

View Article

Employers Are Not Required to Provide Transit Fringe Benefits—Except in...

Since the Golden State sometimes can be a bellwether for national trends, employers nationwide may want to keep an eye on what’s occurring in California regarding commuter benefits. Certain employers...

View Article

IRS Reminds Employers Value of “Free” Parking May Be Taxable Fringe Benefit

A recent Information Letter issued by the Internal Revenue Service (IRS) on the taxation of employer-provided parking, although noncontroversial, serves as a useful reminder that “free” parking for...

View Article


Feb. 2 Deadline Looming to Implement Retroactive Increase in 2014 Mass...

Affected employers must move quickly to take advantage of a special administrative procedure regarding a retroactive increase in excludable transit benefits enacted on December 19, 2014, under the Tax...

View Article
Browsing all 14 articles
Browse latest View live




Latest Images