Tag Archives for " tax considerations "
Avoid Tax Problems when Providing New Benefits
Providing new perks or benefits without realizing that they're likely taxable can cause tax problems down the road, for employees and employers.With the COVID-19 pandemic forcing major changes around where
Read MoreDoes Giving an Employee a Gift Card or Other Small Gift Cause a Tax Issue?
Are employer gift cards taxable? Yes. In the past, employers could give employees cash or a cash equivalent gift such as a gift certificate for amounts less than $25 without any tax concern. These were
Read MoreIs Tax Evasion Always a Felony?
A very common question that comes up in our tax legal defense work involves the term "tax evasion" and whether it is always considered a felony criminal offense.The short answer is, yes, tax evasion is
Read MoreTop 10 Year-End Tax Planning Tips
Between the political environment and the COVID-19 pandemic and its attendant stimulus packages, this year has seen more than its share of uncertainty around tax – which makes year-end tax planning all
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