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Davis Brown Tax Law Blog

Tax Law Blog: Tax Implications of Holiday Bonuses - November 29, 2012

It is that time of year when employers consider giving gifts to their employees. We often assume gifts have no tax consequences; however, that is not always the case. When an employer gives its employees holiday gifts or bonuses, it may be a taxable event subject to both income tax and payroll tax. Read the full article on the Davis Brown Employment Law Blog