2023 – 04/20 – Tax implications of financial gifts to family and friends
The current standard for approving 401(k) hardship distributions
Employers that offer a 401(k) plan should generally encourage participants to invest as much as they can and not touch the money until retirement. However, there may be instances when employees feel they need to access their plan funds before … [Read more...]
2023 – 03/23 – Can you deduct a blood donation?
2023 – 03/16 – 4 tax issues for new retirees
Are employees taxed on frequent flyer miles earned through business travel?
With business travel ramping back up again, employers might start fielding questions from staff about the tax treatment of travel-related fringe benefits.For example, when your employees fly on business, some may earn frequent flyer miles. Should … [Read more...]
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