Gift cards, taxability, and W-2s.
BMT Office Administration
DECEMBER 8, 2023
This is the classic definition of a tax-free de minimis fringe benefit. Gift cards aren’t taxable if managers dig into their own pockets for them for their subordinates, if they don’t seek reimbursement from the company. Gift cards aren’t taxable if they’re provided to an employee for a special occasion (e.g.,
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