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Severance Pay Severance Agreements Tax Penalties

Ogletree, Deakins, Nash, Smoak & Stewart,...

IRS Penalty Relief For Severance Pay Expires On December 31

The IRS has given employers until December 31, 2012 to correct a problem frequently found in severance agreements and other similar arrangements. If not corrected by that date, it could be much more expensive to correct the...more

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