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IRS juggling many payroll projects

by on
in Office Management,Payroll Management

The IRS has been busy since the U.S. Supreme Court ruled earlier this year in United States v. Quality Stores that severance pay is FICA taxable. In May, IRS Acting Chief of Employment Tax Dan Lauer addressed the American Payroll Association’s 32nd Annual Congress in Minneapolis, bringing participants up to speed with the goings on at the IRS.

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{ 1 comment… read it below or add one }

Roger Marple July 2, 2014 at 9:59 am

I can’t believe severance pay wasn’t FICA taxable before? It should actually be taxed at a higher rate than earned income…it’s unearned income!

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