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    Supreme Court Rules Severance Payments Are Subject to FICA

    Article The Supreme Court held in an 8–0 decision that severance payments to terminated employees are taxable wages for FICA tax purposes.
    Published on March 26, 2014

    Tax Court Rejects Taxpayers Argument That Denial of Accounting Method Change Was Arbitrary

    News The Tax Court held that the IRS’ rejection of a taxpayer’s accounting method change request was not the result of an “automatic rejection policy” and that the IRS acted within its proper discretion in denying the request.
    Published on May 11, 2011

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