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Davidson v. Henkel: A Painful Reminder of the Special Rules for FICA Taxation of Nonqualified Deferred Compensation
Spencer Fane Link to more items from this source
Jan. 21, 2014
"Most employers (or their payroll systems) properly calculate, withhold and pay the federal employment taxes that are due on the current compensation that they pay their employees each year. However, employers are often less familiar with the rules for calculating and paying FICA taxes on 'nonqualified' deferred compensation (i.e., amounts that an employee attains a legally binding right to in one year, but which are not payable to the employee until a future year)." [Davidson v. Henkel Corp. No. 12-cv-14103 (E.D. Mich. July 24, 2013)]

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