End of Year Bonuses

November 20, 2012 Written by

With the end of the year fast approaching, many companies issue bonuses at the end of the year to their employees.

Please keep in mind that bonuses to employees are treated as payroll and taxes must be withheld. Also keep in mind that bonuses to key employees must be paid by the end of the year in order to be deductable.

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Written by: Doug Rodrigues