Gifts to Employees – Taxable Income or Nontaxable Gift?

Gifts to employees are a traditional way to thank people important to your business, but the IRS says certain types of gifts are taxable, and following the rules can prevent a spoiler later.


Follow IRS rules for holiday gift giving

If you run a business and your good cheer includes giving gifts to employees or customers, the IRS has been thinking about you. Here is a brief guide to the rules.


INFOGRAPHIC – Employee Gifts and Awards

Download this infographic explaining six general rules on the taxation of gifts, awards, and incentives given to employees.