Highly Compensated Employee 2024 Definition. The irs has three set tests to determine whether an employee is a key employee: Highly compensated employee definition 2024.


Highly Compensated Employee 2024 Definition

An hce can be defined as an employee who owned more than 5% of the company at any time during the year (or the year before). An hce may be someone who owns more than 5% of the company they work for.

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