Doering has lead article in ‘Taxes,’ on severance payments

Associate Prof. Jim Doering, chair of the UW-Green Bay program in Accounting, is the author of the lead article in the November 2014 issue of the journal Taxes. The article, “Supreme Court Applies FICA Tax to Some Severance Payments,” examines the court’s recent decision resolving the conflicting circuit court rulings as to whether supplemental unemployment benefit payments made to terminated employees were taxable “wages” under the Federal Insurance Contributions Act. At the time of publication, the issue involved more than 2,400 administrative refund claims with a total dollar amount exceeding $2 billion. Articles selected for publication in the monthly journal furnish pragmatic guidance for navigating a strategic course through the intricate landscape of tax rules and regulations.