Author: Stubcreator

“147C letter” from the IRS “147C letter” is an official document that confirms the company’s Employer Identification Number (EIN). Third parties or businesses typically seek this letter to prove that... Read More

Form 1042-S is an IRS form to report income subject to U.S. income tax withholding paid to foreign individuals (including nonresident aliens, foreign corporations, or foreign-owned partnerships). The form is... Read More

The 360-degree survey, sometimes referred to as a 360-degree feedback questionnaire, is a form of performance evaluation instrument used by companies to collect feedback on an individual’s performance from various... Read More

Volunteer Time Off (VTO) is a rule that some businesses implement to allow employees to take paid time off work to give back to charitable causes or organizations. The purpose... Read More

Formula 2553 serves as an elective form for a corporation (or a limited liability corporation (LLC) within the United States to elect to be considered the S corporate entity for... Read More

Gross misconduct refers specifically to the behavior or acts of the employee so grave that they warrant immediate removal from the position without notice or payment in place of notice.... Read More

Constructive dismissal occurs when an employee quits their position because the conditions are so unpalatable that an honest person in their situation would be compelled to leave. In these situations,... Read More

A tax levy is a legal procedure through an authority of the government, typically an agency like the IRS (Internal Revenue Service) or a tax agency of the state, taking... Read More

“Retro pay,” short for “retroactive pay,” refers to a payment made to employees for work they’ve already done but weren’t paid for at the time of the work. This could... Read More

The HTML0 Tax ID, sometimes referred to as a taxpayer Identification Number (TIN), is a unique identifier used by the Internal Revenue Service (IRS) in the United States to track... Read More