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General Accounting Discussions: Year end bonus

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  1.  
    • CommentAuthorDagmar
    • CommentTimeDec 31st 2009
     
    When a company gives a bonus at the end of the year and has already paid 941 taxes for the year end period, in what period should the bonus be paid to avoid a tax penalty for the company (941)?
    • CommentAuthorpk
    • CommentTimeDec 31st 2009
     
    You may consider amortizing the bonus payment in the following year.
    Thankful People: Dagmar
  3.  
    I agree with the pk!
    Thankful People: Dagmar

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