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$30 cash bonus/gift payment

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    $30 cash bonus/gift payment

    Client wants to pay year-end bonuses/gift (In cash) ranging from $30 to $100 for about 20 employees. It seems to me they STILL need to do the payroll with proper SS and medi-care withholdings. But, are there any alternatives for these cash payments other than doing payroll (withholding SS and Medi-care)? Should she just give turkeys to her employees?

    Your feedback will be appreciated.

    Thanks.

    J. Oh

    #2
    Bonuses

    Cash bonuses MUST have payroll taxes withheld.

    Turkeys, hams, etc. are not subject to payroll taxes.
    Jiggers, EA

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      #3
      Thanks

      Thank you Jiggers

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