As the year winds down, many employees may be wondering what to do with their remaining vacation days. Some companies may let you carry over your unused vacation days. Others may only let you carry over a certain number of days, and any remaining unused days are lost at the end of the year.
Taking advantage of tax shelters
As the end of the year draws near, many companies are busy putting the closing touches on any last-minute transactions, acquisitions, payout or benefits for the corporate taxable year. Pretty soon, it will be time to file taxes for 2019, and many business owners want to make sure they have capitalized on any potential tax savings before December 31.
