Reheating tasty leftovers takes a bit more babysitting than you'd think. In spite of what the manufacturer tells you, microwaving is a contact sport. Go ahead and set the timer for three minutes, but after sixty seconds you should open the door, carefully remove the lid or covering, and stir.
The required type of post severance compensation will be referred to as the final paychecks rule for purposes of this article. There is an additional type of optional post severance compensation allowed under the final 415 regulations, which will simply be referred to as post severance compensation.
Severance pay is subject to social security and Medicare taxes.Severance pay is wages for purposes of social security taxes and Medicare taxes. Theemployer is required to deduct the employee portions of these taxes from wages paid toemployees. The employee portion of social security tax is equal to 6.2 percent ofwages and applies on wages paid by an employer to an employee of up to a maximumof $76,200 during the calendar year 2000. The employee portion of medicare tax isequal to 1.45 percent of wages and applies to all wages.