Bonus Tag

Bonuses, frequently given at the end of the year, are a popular "thank you" for a job well done, and smart business owners know they can build loyalty, helping retain the most productive employees. However, both owners and employees often misunderstand how taxes work with...

11 November, 2022

Bonuses are a form of variable pay that are used to inspire employee loyalty or reward performance, and it's essential to know about the different kinds. Discretionary bonuses   A bonus is discretionary if it's given solely at the employer's discretion and does not cause an expectation of...

07 June, 2021