[Anonymous]

I just completed my last section of the CPA exam, but do not start working until August for my firm. I will receive a bonus for passing the exam, but does anyone know when to expect this bonus and will taxes be taken out of it? Thanks.

[acamp]

You'll likely be able to fill out the bonus paperwork when you start as a full time employee.

…and of course it will be taxed, heavily! The good news is, you'll only be working at the firm for 5 months during 2015, and I'd guess that your earnings were less for the first 7 months of the year, so you'll likely get a lot of those taxes back.

Ninja + Wiley Test Bank: [FAR - 81] [REG - 76] [BEC - 88] [AUD - 73](doh!)

Becker Videos: [AUD - 82]

California CPA

[Author]

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