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Minnesota Issues Revenue Notice Regarding Apportionment of Compensation Paid to Nonresident Corporate Board Members

On August 25, 2014, the Minnesota Department of Revenue released Revenue Notice 14-02, which provides an alternative method of apportioning compensation earned by certain corporate directors who are not residents of Minnesota...more

Quirky Question #231, Is it Really Employee Appreciation if the Gift Card is Taxable?

Question: Our company awards prizes at holiday parties and, from-time-to-time, at employee appreciation events. The prizes range from company logo t-shirts to $50 gift cards and cameras worth about $125. Do we need...more

6/24/2014  /  Gift-Cards , Income Taxes , W-2
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