How Bonuses Are Taxed and Treated by the IRS

Bonuses are an excellent way to motivate employees and reward top performers. However, bonuses can also quickly change one’s tax return and the amount of taxes initially withheld depending on the payout.

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The Increase

The increase

And the man increased exceedingly, and had much cattle, and maidservants, and menservants, and camels, and asses.

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