Dear Larry, I am thinking about issuing an award to my top seller. I would like to know if it is better to give him cash, or an actual gift. If possible, I don't want him to have to pay taxes on it. I would appreciate any information you can give me.
Thanks,
Walter
Walter, the best information I can give you on this subject is on our website. Click on Achievement Awards to learn about giving and receiving employee awards.
It is a pleasure serving you!
Larry Kopsa CPA
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