Bosses: are you looking for what type of corporate holiday gifts you should be handing out to your employees at the end of the year?
It can be tough to choose – many organizations have extremely strict limits on how much of monetary value an individual can receive as a gift. Web Watch knows of one company that gave each employee a $50 gift card last year… along with the appropriate paperwork so the proper taxable amount was reported to the IRS.
Yup, it was the classic “here’s a gift, and don’t forget to pay taxes on it” scam that’s all the rage these days.