Reminder: Cash Rewards for Participating in a Wellness Program are Taxable

The IRS Office of Chief Counsel has released a memorandum (Number 201622031) confirming that the following rewards and incentives result in additional taxable wages to the employee: - Cash rewards payable to an employee for participating in a...
By: Kilpatrick Townsend & Stockton LLP

Kilpatrick Townsend & Stockton LLP