Reimburse Sign on Bonus I have a new employee that I am trying to reimburse for the repayment of his Sign on bonus with his last company. He is only being asked to pay back his net amount. Is this something that I HAVE to run thru payroll in order to show it as income even though he has already paid taxes on it? OR, can i run it thru on his expense report? This is an odd circumstance and I am at a loss. I just want to do the right thing.
I have never had to pay back ANOTHER company's sign on bonus
Please help....we are in Texas.
Thanks!! |