72: Bonus Compensation Tax and Overtime Compliance
The people who write tax code are masters of confusion. I often wonder if they do it on purpose or if they really are idiots. Once you’ve decide the why, who, what, when, and how to bonus your employees you’ll need to look at the compliance aspects of your plan. What’s the right way to withhold federal income…
About the author, Thomas
I have 20 of years insurance industry experience in C-level management, focusing on all aspects of workers compensation, risk management, loss control, employee benefits, HR, payroll and professional employer organization (“PEO”) operations. Currently, I am the owner and CEO of Humanly HR, and founder and host of SmallBiz Brainiac; a podcast providing employer intelligence to small business owners.