MADISON, Wisconsin, Jan. 16-- The Wisconsin Department of Employee Trust Funds issued the following news: The Department of Employee Trust Funds has distributed the 2017 W-2 tax statements for imputed ...
Learn how imputed income impacts your business and how to calculate the taxes you must pay on it so you stay compliant. Let’s say you paid an employee $60,000 last year and calculated their federal ...
Imputed income refers to the value of non-cash benefits that an employee receives. Understanding the ins and outs of imputed income is essential because this form of compensation can directly impact ...
An employee’s salary isn’t the only form of income they receive. Imputed income may be provided to employees who work at your small business. If so, it is important to recognize it to avoid tax ...