Your work was outstanding! Give yourself a fruit basket.
Whoa. I’m the business owner; are you telling me that I can have my business give me a fruit basket (tax-free) and deduct the cost of the fruit basket as a business expense?
Yes, that’s exactly what we are telling you.
In this article, we explain the rules of the road for flowers, fruit, books, and similar property including
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how many times a year you can provide this tax-free fringe benefit to yourself and/or your employees, and
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how much you can spend on these fringe benefits. ... Log in to view full article.