Learn how to accurately calculate bonus pay and taxes to ensure you comply with tax regulations and provide accurate compensation to employees. Bonuses can be an excellent tool to incentivize and ...
On January 5, 2026, the United States Department of Labor, Wage and Hour Division (DOL) issued six new opinion letters interpreting the Fair ...
With the end of Q4 just around the corner, year-end bonuses are top-of-mind for many businesses and their employees. As a small business owner, it can be challenging to know how to strike the right ...
When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...