U.S. Supreme Court averts avalanche of FICA refund requests

By: Kimberly Atkins Dolan Media Newswires April 11, 2014

Avoiding what attorneys say could have been an “earthquake” effect from businesses rushing to file for a collective $1 billion in tax refunds, the U.S. Supreme Court recently held that severance payments are wages for federal tax withholding purposes.

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U.S. Supreme Court averts avalanche of FICA refund requests

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