What is a Bonus, and is it Taxable?

By Agro Accounting CPA

What is a Bonus, and is it Taxable?

Introduction: A bonus can be explained as financial compensation that is above and beyond the regular payment expectation of its recipient. Companies offer a bonus to boost the morale of their employees. It can be paid to an entry-level employee as well as to senior-level executives. Let us learn more about a taxable bonus: https://www.agroaccounting.com

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