I have a client that is being laid off and will receive a severance payment in 2014. The client asked HR if they could make a 401(k) contribution salary deferral with their severance. HR said no, because severance is not considered wages. Is that right?
I asked client to ask HR, since severance is not wages, then it would not be subject...
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Does Severance = Wages?
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Need to file 941 for 2012
I have a Sch C client who hired his son and spouse to work for him in 2012. While he was advised that he needed to file quarterly tax returns in 2012, he didn't. I need to prepare these for him to sign and send in but I cannot find any active links in the Tax Library to a Form 941 2012 (everything bounces to 2013) although I did find a Form 944 for...