Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Focusing on bringing growth to small businesses, she is passionate about ...

Learn how imputed income impacts your business and how to calculate the taxes you must pay on it so you stay compliant. Let’s say you paid an employee $60,000 last year and calculated their federal ...

Imputed income refers to the value of non-cash benefits that an employee receives. Understanding the ins and outs of imputed income is essential because this form of compensation can directly impact ...

When the value of premiums paid by an employer for group life insurance becomes too great, it's treated as income for tax purposes. Imputed income is the term used to describe this excess value, which ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

Learn about imputed costs, often known as opportunity or implicit costs, which represent the forgone benefits when choosing one action over another with your assets.

An employee’s salary isn’t the only form of income they receive. Imputed income may be provided to employees who work at your small business. If so, it is important to recognize it to avoid tax ...