Why Is Your Bonus Taxed at a Higher Rate?
“It’s not fair, every time I get a bonus the IRS taxes it like crazy. Why are my bonuses taxed at a higher rate?” Does this sound familiar? Have you ever felt short-changed when...
Tagged: Withholding
“It’s not fair, every time I get a bonus the IRS taxes it like crazy. Why are my bonuses taxed at a higher rate?” Does this sound familiar? Have you ever felt short-changed when...
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Christopher D. Munchhof is a California licensed professional investment adviser, life insurance agent, and tax expert. He lives in Santa Clarita, CA with his wife and two children. He is the founder of Free Financial, a financial planning firm designed for clients at the beginning of their financial journey.
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