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Financial Planning Tips for Self-Employed Older Adults

Money Talk

office supplies, equipment, travel, marketing, and professional services). Set aside a portion of self-employment income to send to the IRS for quarterly estimated tax payments (and/or over-withhold on a pension or Social Security) to ensure compliance with tax regulations. of net business income.

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Should Employees Receive an Auto Allowance – Ask #HR Bartender

HR Bartender

When I showed the company, they changed my pay stub to include a $56 allowance/week for fuel, which is being taxed as part of my income. The information we’re covering is for general informational purposes only and does not constitute legal advice, tax advice, accounting services, or professional consulting of any kind.

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EY TaxChat

HR Lineup

EY TaxChat is an innovative platform created by Ernst & Young LLP (EY), one of the largest professional services firms in the world. The platform aims to transform the way people interact with tax professionals by providing a user-friendly and efficient way to get answers to their tax-related questions.

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Taxation of Identity Protection Services

Fringe Benefit Analysts

The amount someone may pay for the service is likely less than the potential loss they may face due to fraud. Are Identity Theft Protection Services Tax Deductible? The taxation of this identity protection benefit/service was considered by the IRS in 2015 and again in early 2016. See Announcement 2016-02.)

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Cost of Living Bonuses for Employees in the UK: What Employers Need to Know

Empuls

This could include rent or mortgage assistance, property tax relief, or down payment assistance for first-time homebuyers. Deloitte UK cost of living bonus Deloitte, one of the world's largest professional services firms, maintains a significant presence in the United Kingdom.

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3 Ways Your Business Can Avoid Damaging Payroll Mistakes

Hireology

This includes everything from paying employees what they’re owed, paying commissions on time, and accurately deducting for health insurance and other benefits. For example, an employee might unknowingly not pay for benefits because they’re not being deducted from his or her paycheck, which results in your business covering the costs.

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Paycor vs. ADP Workforce Now: Which is right for your needs?

Business Management Daily

Are you after simple payroll and tax compliance features, or do you want an HR platform capable of handling time tracking, recruiting, benefits management, and more? Like ADP, Paycor provides a singular location for all your employee documents, including resumes, medical documents, tax information, and more.

Payroll 52