Trapped in the Family Business RSVP
August 13, 2012
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Tax Tip: If a business doesn't have a buy-sell agreement in place, heirs may face significant challenges when the owner dies.
Special events require an enormous amount of planning. So it’s understandable when nonprofit staffers push “tax compliance” to the bottom of their to-do lists. However, tax reporting for events may be different from and more difficult than what they’re used to reporting with other activities.
Navigate the upcoming tax filing season as an employer by making sure you comply with the federal information reporting requirements. Most forms are required to be electronically filed.
