Music. When you hear someone say, "All employees must follow federal regulations concerning the I-9 employment verification form," it no doubt sounds abstract, unimportant, and certainly not interesting. But here are the facts: If you are responsible for hiring new employees, the I-9 has everything to do with you. And whether you like it or not, you are breaking federal law if you don't follow the rules. Why? Because the Department of Homeland Security (DHS) takes its job of ensuring a legal workforce seriously, and they require everyone else to take their part seriously too. The DHS can find violators as much as $2,100 for everything from completing a form late to an honest paperwork mistake. The moral of the story: Follow the rules. Your best is only good enough if it meets DHS standards. So here are the regulations in a nutshell: The very first day a new hire steps foot on the job, make sure they complete their portion of the I-9, which is included in the new hire packet. Not the next day, not the day after, the very first day. It's the law. That same day, the new hire needs to give their supervisor the originals of ID that meet the requirements on page 3 of the I-9. Not photocopies or scans, originals. If the employee provides a list A document, such as a permanent resident card or passport, no other ID is required. Otherwise, they need to provide both a list B document and a list C document. Common acceptable combinations are a driver's license or state ID card paired with a birth certificate or social security card. Once the employee gives you their ID, you need to complete the employer portion of the I-9, Section 2, which is on page 2. You must complete your...
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instructions 990-PF Form: What You Should Know
These organizations must file Form 990PF with each year's tax return. It is a document that indicates all income that is received by the organization. This document also describes all the revenue earned from source from business operations during the preceding tax year, including amounts received as donations and grants from organizations, the amount of expenses incurred from business operations during the preceding year, and the amount of federal income tax paid by the organization. The amount of tax paid by these organizations is then reduced or eliminated by making deductions to take account of the amount of tax paid. Review and Interpretation of Form 990PF (2022) The following explanation is an outline of the topics contained in the sections of the Form 990PF to which this page links. Many of the topics covered here relate directly to the use of Form 990PF for tax reporting rather than to revenue, expenses, and taxable income. For example, this page provides the links for interpreting the sections of Form 990PF on the IRS website linked from this page. This page is provided as a convenience only as a summary of the subject described in this document. These pages may only be used for information purposes by persons authorized to do so. The document itself, together with the other pages linked from this page, and the information contained in these pages, may not be reproduced in its entirety, republished, distributed, or resold without prior written permission. Information about the tax reporting requirements of foundation and other special interest organization (SO) types may be obtained from the Internal Revenue Service's Publication 990 of the Internal Revenue Code and from the IRS website, which includes the annual forms for these types. The Internal Revenue Code contains rules that require organizations to report the income, deductions, and credits received by them from the sale of taxable property, items of income and expense which are not properly itemized deductions for the income tax filing purposes of the organization, or amounts of tax paid. These provisions were enacted to ensure that charitable interests that provide services through a for profit business, that is, an incorporated organization that primarily employs activities other than charitable activities but which has a profit-making mission, are exempt from all income tax. (See IRS Publication 990-A, Annual Return of Charitable Controlling Trust, or Publication 990-B, Tax Return of Charitable Organization.
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