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The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
Because most futures contracts are held for less than the 12-month minimum holding period for long-term capital gains tax rates; the gain from any non-1256 contract will typically be taxed at the higher short-term rate. Thus the 1256 Contract designation enhances the marketability based on the after-tax attractiveness of these products.
In perhaps the biggest offseason move so far, Penn State hired away Ohio State defensive coordinator Jim Knowles to make him the highest-paid coordinator in college football history.
Official beginning of tax filing when the IRS begins accepting and processing federal tax returns. Jan. 31, 2025 This deadline is for employers who must mail or furnish W-2 forms or 1099 forms to ...
The IRS this week issued a reminder that employers and self-employed individuals need to pay the second part of the deferred amount by Dec. 31, 2022. Here It Is: Our 2022 Small Business Spotlight
Term end George S. Boutwell: July 17, 1862 March 4, 1863 Joseph J. Lewis (Acting) March 5, 1863 March 17, 1863 Joseph J. Lewis: March 18, 1863 June 30, 1865 William Orton: July 1, 1865 October 31, 1865 Edward A. Rollins: November 1, 1865 March 10, 1869 Columbus Delano: March 11, 1869 October 31, 1870 John Watkinson Douglass (Acting) November 1 ...
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