News & Analysis as of

Bonuses Holidays

Puerto Rico Issues Comprehensive Labor Law Reform

by FordHarrison on

On January 26, 2017, Puerto Rico’s Governor, Ricardo Roselló, signed into law the Labor Transformation and Flexibility Act (the “Act”). The Act represents the first significant and comprehensive labor law reform to occur in...more

Puerto Rico Employers Cannot Withhold Income Taxes for Christmas Bonuses of $600 or Less

by Littler on

Pursuant to the current income tax withholding rules issued by the Puerto Rico Department of the Treasury, there are specific income tax withholding rules applicable when a Christmas bonus is paid, which differ from those...more

Tis The Season To Avoid Wage and Hour Pitfalls With Holidays and Bonuses

by Laner Muchin, Ltd. on

As the end of the year and year-end holiday season approach, so do annual bonus time and paid holidays. Employers should avoid some common wage and hour pitfalls with bonuses and paid holidays. The first common pitfall is not...more

Employment Law Blog - Holiday Bonuses for Employees

by Davis Brown Law Firm on

It is that time of year when employers consider giving gifts to their employees. We often assume gifts have no tax consequences; however, that is not always the case. When an employer gives its employees holiday gifts or...more

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