TITLE

TAXING THE GREAT ACADEMIC DIVORCE

AUTHOR(S)
Fuehrmeyer, Kathryn A.
PUB. DATE
April 2009
SOURCE
Journal of College & University Law;2009, Vol. 35 Issue 3, p721
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses legal considerations concerning the termination payments of professors of colleges and universities in the U.S. in relation to the employment taxes. It defines employment taxes and explains the coverage of the Internal Revenue Code of the U.S. with regards to termination payments. An overview of previous guidelines from the Internal Revenue Service (IRS) and rulings from the court on when employment-related payments can be subjected to employment taxes. In looks at the differing decision of circuit court in the Appoloni v. U.S., suggesting that the resolution of the case would provide guidance to colleges and universities in termination payments and employment contracts.
ACCESSION #
43245173

 

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