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INFOGRAPHIC - Employee Gifts and Awards

12/07/2015  |  By: Jonathan Cooke, CPA, Shareholder, Tax Services

The taxability of employee gifts generally depends on the value and the type of award. When giving gifts to employees, explain the tax implications upfront. That way, there won’t be any unexpected surprises later that might spoil your generosity. This infographic explains six general rules on the taxation of gifts, awards, and incentives given to employees.