As I mentioned on yesterday, holiday bonuses (and the equivalent) are taxable. Seems a little Grinch-y to some folks. So today’s fix the tax code Friday question is:
Should holiday bonuses be taxable? And if not, which holidays should be included for purposes of such an exemption?
POSTED IN: fix the tax code friday, individual
tax news, tax info and tax policy - and it’s not as boring as you think!
Written by Kelly Phillips Erb [email] for b5media.
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