How Should I Report an End of Year Bonus?

The easiest way to ensure end of year bonuses get distributed is to give us a call. Reporting your intended bonuses early is the best practice. We will ask you a few key questions about how much you’d like to give, and when you’d like the bonus to be paid, so please have that information ready. Even if you’re thinking of giving out cash or gift cards, please reach out to us so that we can make sure that extra income is accounted for and taxed appropriately to stay in compliance. As always, if you have questions, just give us a call!