Don’t be a Scrooge by Giving a Gift Card
- Any item that costs about $25 or less is not taxable. This could include customized office supplies, or colorful gadgets like magnetic paperclip holders. Think personalization.
- For the foodies in your company, consider an edible gift such as a holiday ham or baskets of assorted items like chocolate or coffee.
- Don’t forget to consider throwing a holiday party for your employee and their guests.
- Finally, you may be surprised to learn that occasional tickets to events are not considered taxable income, either. For sports fans, consider gifting a pair of reasonably-priced tickets to see their favorite team play. Or, if there is a theatergoer in your office, give them tickets to a coveted performance.
- Any item that costs about $25 or less is not taxable. This could include customized office supplies, or colorful gadgets like magnetic paperclip holders. Think personalization.
- For the foodies in your company, consider an edible gift such as a holiday ham or baskets of assorted items like chocolate or coffee.
- Don’t forget to consider throwing a holiday party for your employee and their guests.
- Finally, you may be surprised to learn that occasional tickets to events are not considered taxable income, either. For sports fans, consider gifting a pair of reasonably-priced tickets to see their favorite team play. Or, if there is a theatergoer in your office, give them tickets to a coveted performance.
