Compensation is generally subject to federal income tax and FICA tax when compensation is actually paid to an employee. However, nonqualified deferred compensation (NQDC) may be subject to FICA taxation before federal income...more
9/4/2025
/ Compensation & Benefits ,
Compliance ,
Deferred Compensation ,
Employee Benefits ,
Employer Responsibilities ,
Executive Compensation ,
FICA Taxes ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Payroll Deductions ,
Payroll Taxes ,
Tax Liability ,
Tax Planning ,
Withholding Requirements
Like any for-profit company, nonprofit organizations want to attract and retain high caliber executives to achieve and further their missions. To accomplish this, a nonprofit organization may have to offer a particularly...more
4/9/2025
/ 501(c)(3) ,
Compensation & Benefits ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Internal Revenue Code (IRC) ,
IRS ,
Nonprofits ,
Reasonableness Factors ,
Sanctions ,
Tax Exemptions ,
Tax Liability
According to a National Disability Institute report (available here), adults living with disabilities need 28% more income on average to achieve the same standard of living as those without disabilities. There are some tools...more