Author page: Owais Shamsi

Fringe benefits can help you hire, retain, and motivate your team without blowing up payroll. Here is a short, plain-English guide to the most useful perks and how they are taxed. Core Benefit Types (Quick Take) Disability Insurance Taxable to employees; generally, not subject to FICA or FUTA when set up correctly. Group-Term Life Up…

Many business owners either skip travel deductions or assume mixing business with a little personal time will get them in trouble. In reality, the IRS allows quite a bit here—as long as you plan ahead, keep your intent primarily business, and document the right things. Below is a practical guide you can actually use. 1)…