Each year at this time, we receive numerous questions on end of year bonuses for staff members. It is a difficult subject because most practice owners want to be very generous to their team without setting unhealthy precedents. So, here are some tips to help determine the best path for your team. First, end of year bonuses should always fall within your budget. It isn’t wise to break the bank in order to provide substantial bonuses. A good rule of thumb is to run your expected monetary gifts past your accountant or CPA to glean his or her understanding on how much is available to gift. While giving too much might be a temptation for some, not giving enough might be a temptation for others. For those that fall in that category, it is important to remember that your practice would not have existed without your team members. The money you have in your pocket (no matter how minimal it seems) wouldn’t be there without your employees. So, it is important to show your appreciation....