Limited liability companies (LLCs) have become the fastest-growing entity choice for businesses in recent years. LLCs provide flexibility in operations and distributions. However, to the surprise of many businesspeople, if an...more
4/26/2017
/ Cafeteria Plans ,
Disregarded Entities ,
Employees ,
Employment Tax ,
FICA Taxes ,
FUTA ,
Income Taxes ,
IRS ,
Limited Liability Company (LLC) ,
Partnerships ,
Tax Rates
The U.S. Supreme Court has unanimously held that payments of supplemental unemployment benefits (SUB payments) are taxable wages subject to FICA tax withholding. The Court’s decision in United States v. Quality Stores, Inc.,...more