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MINUTES CANFIELD CITY COUNCIL REGULAR MEETING AUGUST 15, 20185:30 P.M.The meeting was called to order by Mr. Morvay, President of Council, followed by the Pledge of Allegiance. The Clerk called the
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NEFF MRS stands for 'Non-Employee File Filing for Master Reporting System', which is used for reporting non-employee compensation to the tax authorities.
Entities that have paid non-employee individuals $600 or more during the tax year are required to file NEFF MRS.
To fill out NEFF MRS, you need to provide the payer's details, payee's information, and the total compensation paid, along with any other required tax identification numbers.
The purpose of NEFF MRS is to help tax authorities track non-employee compensation for tax compliance and reporting.
NEFF MRS must report total non-employee compensation, payee identification, payer identification, and any relevant tax withholdings.
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