1.Single Bonus and employee pays the tax on it
2.Double Bonus and the employer through premium payment covers taxes
3.Policy Pays taxes via policy loans
4.Bonus Plus employer makes cash loan that is repaid later to cover taxes
When would you use one option over the other? Is there an option you see the most?
Thanks,
2.Double Bonus and the employer through premium payment covers taxes
3.Policy Pays taxes via policy loans
4.Bonus Plus employer makes cash loan that is repaid later to cover taxes
When would you use one option over the other? Is there an option you see the most?
Thanks,