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RISC vs HAST Dual in the Pooled WING SWIM CLUB to Sanction Number: To be completed by Minnesota Swimmingly under the sanction of USA Swimming. It is understood and agreed that USA Swimming shall be
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RWSC (Real Wage Salary Cap) and HAST (Hourly Average Salary Threshold) dual refer to the comparison of two different salary reporting methods used in certain jurisdictions for tax or regulatory purposes.
Employers who meet specific income thresholds and have employees whose wages fall under both RWSC and HAST categories are required to file these reports.
Filling out RWSC vs HAST dual involves collecting wage data, determining compliance with both salary reporting methods, and completing the associated forms accurately.
The purpose is to ensure compliance with wage and salary reporting regulations, allowing authorities to monitor compensation practices and ensure fairness.
Information typically includes employee names, wages, hours worked, and classifications that align with RWSC and HAST criteria.
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