NSAC Happenings and Latest News - Page 59
NSAC Tax Committee: Qualified Payment Letter to IRS 12-20-2019
December 20, 2019CC:PA:LPD:PR (REG-118425-18)Room 5203Internal Revenue ServiceP.O. Box 7604Ben Franklin StationWashington, DC 20044 Dear Sirs and Madams: The National Society of Accountants for Cooperatives (NSAC) is a professional society comprised of accountants who are actively involved with the financial management and planning of cooperative businesses. NSAC members are either employed by cooperatives or provide professional ...
Read MoreHow to Handle an Office Know-It-All
Know-it-alls get that title because they are usually right. They are smart and do their homework, and they are happy to flaunt their wisdom in front of anyone who will listen. They may act with an air of superiority that can make others feel incredibly angry and uncomfortable. Most do not enjoy hanging around an office know-it-all. Still, when we share office space with this individual, it is impossible and impractical to avoid him or ...
Read MorePasswords Should Become a Thing of the Past. Here's Why
When the man who invented passwords says it’s time to move on, it probably is. Four years ago, Fernando Corbato, who invented the first computer password in the 1960s, said that passwords had become "a nightmare”. Considering that his creation was not intended for the web, how data breaches have shaped the digital era, and the rise of privacy-awareness, it’s clear that things need to change. Passwords were once one of our ...
Read MoreWant a Happy Employee? Give Them an Office
I know, I know. You just ordered a 50-foot, untreated walnut conference table, and you envision all of your employees filing into work each day, grabbing a seat at random, and coding away as part of a super chill, inter-departmental brainstorming session. The veining underneath all their MacBooks will look glorious—just use a coaster for the Starbucks! I said use a coaster! However, a new survey of 1,500 employees by ...
Read MoreIndependent Contractor or Employee? Varying Tests
It is not unusual to read news stories about companies being sued for classifying workers as independent contractors when they claim to be employees. Being designated an employee can have a profound effect on everything from overtime pay to fringe benefits to, of course, taxes. Numerous articles have been written about the advantages and disadvantages for both the worker and the business of how an individual is classified. The present focus is ...
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