The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Tax-exempt organizations often provide deferred compensation to their officers, key employees, and most highly compensated employees. Like current compensation payable to such employees, deferred ...

The Internal Revenue Service has resurrected a form that hasn’t been used since the early 1980s, Form 1099-NEC, Nonemployee Compensation, with a draft version available for preview on its website.

The Internal Revenue Service has revived Form 1099-NEC to eliminate confusion about complying with new filing deadlines aimed at combatting fraud. The Internal Revenue Service (IRS) released its final ...

With the debut this year of a new tax form to be filed with the Internal Revenue Service, charities will face many changes in how they disclose information to the public. Perhaps most significant is ...

Discover what cash wages are, how they're reported, and examples of their use in compensation, offering clarity on taxable ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

On January 25, 2024, Simmons First National Corporation ("Company") entered into an Indemnification Agreement with C. Daniel Hobbs, executive vice president and chief financial officer of the Company.

Form 1099-NEC is used for reporting compensation paid to nonemployees. Here's what you need to know. Many, or all, of the products featured on this page are from our advertising partners who ...