Bonuses in the US - Part 2: Additional Tax Implications

In the second video, we delve into another common myth: that bonuses can push you into a higher tax bracket and lead to financial loss. We'll clarify how the US marginal tax system works and explore the significance of bonus payout timing and its impact on both personal tax returns and business tax deductions. This final video highlights key considerations for optimizing bonus payouts and understanding their broader tax implications.

For more information about tax, accounting, consulting, and business in the US, visit us at orbiss.com!

*Disclaimer*
The information provided in this video is not, and is not intended to, constitute legal or tax advice; instead, all information, content, and materials contained in this video have been prepared for general informational purposes only. Information contained in this video may not constitute the most up-to-date legal, tax or other information and no representations are made that the content is error-free.

You should contact your CPA or attorney to obtain advice with respect to any particular tax and legal matter. You should not act or refrain from acting on the basis of information contained in this video without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual CPA or attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation.

Any liability with respect to actions taken or not taken based on the contents of this video is hereby expressly disclaimed.

Видео Bonuses in the US - Part 2: Additional Tax Implications канала Orbiss