October, 2023 » Brock CPA

Holiday Bonus Strategies for Jacksonville Employers and Employees

As the holiday season approaches, both employers and employees in Jacksonville eagerly anticipate year-end bonuses. These bonuses are a wonderful way to express appreciation for a year of hard work, boost employee morale, and offer a little extra cheer during the festive season. However, for employers and employees alike, it’s essential to understand the various holiday bonus strategies and their tax implications. This month, we’ll delve into these aspects and provide valuable insights on how to make the most of your holiday bonuses.