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Payroll Brass Tax: SUB Plans—A Cost-Effective Alternative to Traditional Severance

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Manage episode 502598205 series 2403182
Content provided by Ogletree Deakins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ogletree Deakins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this installment of our Payroll Brass Tax podcast series, Mike Mahoney, a shareholder in the firm’s Morristown and New York offices and chair of the Employment Tax Group, speaks with Elizabeth Lutes, Executive Vice President of Transition Services, Inc., to discuss supplemental unemployment benefits (SUBs), or SUB plans. They explore how SUB plans can provide a cost-effective alternative to traditional severance packages and cover the potential tax savings, design flexibility, and implementation strategies that make SUB plans a valuable resource for employers facing workforce reductions.

  continue reading

101 episodes

Artwork
iconShare
 
Manage episode 502598205 series 2403182
Content provided by Ogletree Deakins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ogletree Deakins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this installment of our Payroll Brass Tax podcast series, Mike Mahoney, a shareholder in the firm’s Morristown and New York offices and chair of the Employment Tax Group, speaks with Elizabeth Lutes, Executive Vice President of Transition Services, Inc., to discuss supplemental unemployment benefits (SUBs), or SUB plans. They explore how SUB plans can provide a cost-effective alternative to traditional severance packages and cover the potential tax savings, design flexibility, and implementation strategies that make SUB plans a valuable resource for employers facing workforce reductions.

  continue reading

101 episodes

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