Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Focusing on bringing growth to small businesses, she is passionate about ...
Learn how imputed income impacts your business and how to calculate the taxes you must pay on it so you stay compliant. Let’s say you paid an employee $60,000 last year and calculated their federal ...
Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...
In his Law and the Family column, Joel Brandes discusses the requirements for a maintenance or child support award based on imputed income. In Kay v. Kay, 37 N.Y.2d 632 (1975), the husband, a salesman ...
Learn about imputed costs, often known as opportunity or implicit costs, which represent the forgone benefits when choosing one action over another with your assets.