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80525

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Daily Archives: November 21, 2013

2013 Christmas & Holiday Bonuses

Bookkeeping, PayrollBy Becky EzzellNovember 21, 2013

If you are having trouble figuring out how to calculate end of year bonuses you are not alone! Here are some quick tips:   Holiday Bonus (cash or gift cards) You must treat all cash bonuses, including Gift Certificates (“cash in kind”) as taxable wages, no matter how small they are.  You can add a…

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