Severance And Taxes: Is Severance Pay Taxable?

November 2, 2023
Severance pay, often referred to as a severance package or compensation, is a financial arrangement provided by an employer to an employee who is either laid off, terminated, or otherwise involuntarily separated from their job. This compensation is intended to provide a safety net for employees during the transitional period following their departure from the…

Read more

Back to top

Get A Free, No-Obligation Tax Debt Relief Consultation

X

Get A Free, Tax Debt Analysis

X