6, 2024 /PRNewswire/ -- Halfpricesoft.com, a leading provider of innovative and affordable software solutions for small businesses, announces a significant update to its popular ezPaycheck payroll software. The update ensures compatibility with the latest I...
According to the provisions of the Section 409A, employers should report deferred compensation when it is deferred and when it is to be included in an employee's income under section 409A.EBSCO_bsp401k Advisor
To be clear, business owners are already required to report that income to the IRS. The new rule simply means that the IRS will figure out what business owners earned on the cash apps, regardless of what that individual actually reports on their 1099-K, because it broadens the scope of th...
A reportable transaction is a transaction that the IRS has determined to have a potential for tax avoidance or tax evasion.EBSCO_bsp401k Advisor