How to Report Nonemployee Compensation for 2020

How to Report Nonemployee Compensation for 2020

The IRS has released form 1099-NEC (Non-Employee Compensation) for reporting money a business pays to independent contractors. This new form will replace box 7 on the 1099-MISC form. Most businesses will have to file two separate forms, as employers will still need to...
When Do New York State Sick Leave Accruals Begin?

When Do New York State Sick Leave Accruals Begin?

Starting on September 30, 2020, all employees in New York will begin to accrue protected sick leave. New York state sick leave will not be available for use until January 1, 2021. All employers are required to provide protected sick leave, but the amount and whether...

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