Traditional or true payment-in-kind agreements explicitly layout the arrangement for cash payments and in-kind payments.Loan termsare predefined, and this is the most standard type of payment-in-kind arrangements. In addition to defined dollar amounts, timing expectations are also defined in advance...
Taxpayers, in these instances, will need to consider the risk that IRS may treat the joint ownership arrangement as a partnership for tax purposes, which would preclude the ability of the applicable entity to elect direct pay. Prefiling Registration Requirements The proposed regulations provide for ...
You can use any qualified retirement account with a SEPP plan, with the exception of a401(k)you hold at your current employer. You set up the SEPP arrangement through a financial advisor or directly with an institution. At the outset, you must choose among threeInternal Revenue Service (IRS)...
Hiring an independent contractor can be a lifesaver for a business that needs specific expertise. Find out what you need to get an independent contractor on your payroll.