bonus | Thriving Women in Business Community

Are Year-End Gifts and Bonuses Taxable?

Are you planning on giving your employee a year-end bonus or holiday gift? Are you aware of the rules regarding the taxability of these items? Make sure you are following the IRS guidelines regarding if tax must be withheld on...Read More

Taxability of Bonuses and Gifts

Employers often give employees bonuses for such things as meeting sales goals, holiday gifts, or doing something exemplary in their work performance. Many times they are not aware that some of these payments can be taxable and should be included...Read More