I work in a profession where my bonus is a small set amount and isn’t guaranteed (you have to qualify for it). I really look forward to earning the bonus and have to work pretty hard to get it. So why are bonuses taxed when I already have my regular salary chopped up? It’s pretty disheartening to see this small amount reduced after earning it.
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If you’re in the US, here’s what I do.
When my bonus is coming, I changey tax status to exempt.
Then I get all of my money.
Then I change it back.
The amount I pay via all other paychecks balances it out.
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