Tue.Jul 13, 2021

article thumbnail

Recurring Revenue: The Key to Higher Valuation Multiples

Quantive

High business valuation is critical to raising funds, attracting investors, or negotiating […]

article thumbnail

Last Week in Payroll: Backup Withholding

ThomsonReuters

Backup Withholding. The IRS requires the payer of certain income payments to be reported on information returns (e.g., Form 1099-NEC , Nonemployee Compensation ). Generally, the payer does not withhold taxes from these types of payments, as it is assumed that the payee will report and pay taxes on this income when the federal income tax return is filed.