Law360 recently published an article by Bass, Berry & Sims attorney David Thornton and other attorneys on the Employee Benefits team about the recent Sixth Circuit Court of Appeals decision in United States v. Quality Stores Inc. The court upheld a bankruptcy court’s decision holding that certain severance payments are not “wages” subject to FICA tax. The article, “Some 6th Circuit Employers May Be Owed FICA Tax Refunds,” outlines the implications this decision may have for other employers. The full article is available on the Law360 website.
Law360 recently published an article by Bass, Berry & Sims attorney David Thornton and other attorneys on the Employee Benefits team about the recent Sixth Circuit Court of Appeals decision in United States v. Quality Stores Inc. The court upheld a bankruptcy court’s decision holding that certain severance payments are not “wages” subject to FICA tax. The article, “Some 6th Circuit Employers May Be Owed FICA Tax Refunds,” outlines the implications this decision may have for other employers. The full article is available on the Law360 website.