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
how many times a year you can provide this tax-free fringe benefit to yourself and/or your employees, and
how much you can spend on these fringe benefits. ... Log in to view full article.