Summary
It features a post dated August 4, 2026 titled 'Holiday Bonuses! Cheery Employees & Lower Small Business Taxes,' which states that holiday bonuses are tax deductible for small businesses as ordinary and necessary wages under IRC Section 162.
Key Facts
- Holiday bonuses are tax deductible for small businesses as ordinary and necessary wages under IRC Section 162.
- The Indinero blog post about holiday bonuses is dated August 4, 2026.
- The page offers a newsletter called Our Two Cents for updates straight into your inbox.
Frequently Asked Questions
Are holiday bonuses tax deductible for small businesses?
Yes, holiday bonuses are tax deductible for small businesses as ordinary and necessary wages under IRC Section 162.
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