Your nonprofit wants to honor & celebrate its employees, whether it is with a company meal, holiday present, or award for years of service to your organization. Employees appreciate employer gifts for any reason, but the gift is not as exciting if it’s taxed. In this episode of the PBPA Podcast, Darrell Smelcer with Hunton Andrew Kurth will walk us through the tax considerations of gifts to employees. He will share tips and guidance to help your nonprofit and its employees avoid a tax spoiler.
Additional Resources Referenced in this Episode:
Employer’s Guide to Fringe Benefits