Bonuses in the US - Part 1: Withholdings

In the first video of our Bonuses in the US series, we tackle the basics of bonus taxation in the US. We explain how bonuses are classified by the IRS and address the misconception that bonuses are taxed at a higher rate than regular wages. You’ll also learn about withholding methods, like the flat 22% rate and the aggregate method, which help manage tax obligations.

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*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.

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Видео Bonuses in the US - Part 1: Withholdings канала Orbiss