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 promised overhaul of the IRS Form 990 gives nonprofits an opportunity to weigh in on the proposed changes, but they must act by next month. Form 990 is the only form in the 990 series that is ...

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 ...

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 ...

The Form 990 has become a routine part of every hospital’s tax filing, but some compensation information on the forms occasionally slips through the cracks, according to a report from the American ...

View post: Amazon is selling $200 AI earbuds for just $40 that translate 198 languages in real time If you are involved in a trade or business and receive payments from other people or entities, these ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Discover what cash wages are, how they're reported, and examples of their use in compensation, offering clarity on taxable income and its distinction from non-cash perks.

Last year, the Internal Revenue Service introduced a draft version of a form that we haven’t seen since 1982: Form 1099-NEC, Nonemployee Compensation. Form 1099-NEC is intended to replace the ...

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.