Should Severance Pay Be Subject to FICA Taxes? October 08, 2013
Right now, there is a debate raging over whether or not severance pay should be subject to FICA taxes. It’s a tough call because it all depends on whether or not severance pay is considered wages, and whether or not the pay is for services that you provide to the company.
The IRS Might Be Closed, But Your Taxes Are Still Due October 05, 2013
The government is in shutdown mode right now, with many services being cut, and government offices closed. The IRS is one of the agencies seeing limited operations as a result of the impasse over funding the government.
Legal vs. Right: Is It Right to Avoid Paying Taxes When You Can? September 27, 2013
One of the debates that rages around taxes is whether it’s right for some people to do their best to avoid paying taxes if they can. Just because it’s legal to avoid paying taxes in some cases doesn’t mean that it is right.
IRS Makes a Decision on Same-Sex Marriage Filings September 06, 2013
Earlier this year, the Supreme Court made it clear that the Federal Government must acknowledge same-sex marriages by striking down portions of the Defense of Marriage Act (DOMA).
Did Not Pay Your Taxes? You May Lose Drivers License August 28, 2013
New York is the latest of a handful of states to decide to suspend the driver’s licenses of those who don’t pay their taxes.