Accountancy, asked by Anonymous, 16 days ago

what is honorarium???​

Answers

Answered by devansh7777777
2

a payment made for somebody’s professional services, when no particular amount is charged for those services.

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Answered by LaRouge
3

Answer:

  • An honorarium payment should be infrequent in nature and rarely exceed $500 to a single payee in a calendar year. Most payments that are labeled honorariums do not meet the above definition. They are in fact employment income or contractual fee-for-service payments.
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