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Taxation of Identity Protection Services

Fringe Benefit Analysts

According to the IRS, identity theft has been the number one consumer complaint to the Federal Trade Commission for 15 consecutive years. The amount someone may pay for the service is likely less than the potential loss they may face due to fraud. Are Identity Theft Protection Services Tax Deductible?

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3 Ways Your Business Can Avoid Damaging Payroll Mistakes

Hireology

This includes everything from paying employees what they’re owed, paying commissions on time, and accurately deducting for health insurance and other benefits. For example, an employee might unknowingly not pay for benefits because they’re not being deducted from his or her paycheck, which results in your business covering the costs.

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