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Are Employee Achievement Awards Taxable or Not?

Employees need to feel valued and appreciated by employers. When you give your employees achievement awards, celebrating specific milestones in safety or length of service, you’re recognizing their efforts, which, in turn, fosters your employees’ desire to excel in their jobs and continue working at your company. However, employers need to be careful in their award gift selections. (more…)

Posted in: Benefits and Health Care, Payroll, Payroll Processing, Rules, Regulations and Laws

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