Should I accept gift card from manager?
Our org didn’t have any morale event last year. The new director after reorg decided to give back last year morale budget so everyone in the team get $50 gift card this year. Should I accept gift from the lead? Should I treat it as income or gift? I’m dev.
Please treat it as income. Consult an accountant on how to pay taxes on this and then pay the tax for it to IRS as soon as you can. Retain a tax attorney just in case. Good luck.
Loving this straight-laced answer. Perfect.
Like the answer. I will hire a tax attorney just in case IRS found I hide additional $50 income from Microsoft.
I thought my life is complicated till I read this post
It depends. What is the gift card for? Is it for food? Is it for Chipotle? Maybe Starbucks? These are the real questions that matter. If it’s chili’s, are you really going to use it?
Request to wire transfer the 50$..gift card is untraceable..that might trigger money laundering investigation
Hope they can give bitcoin
It’s Cosine. Still better than org has zero morale budget.
Please don’t troll on Friday night
This is not troll. Received email from director to go admin office to get $50 gift card which is last year morale budget
Wait, you don't have a spreadsheet tracking MSRP-salePrice for all your purchases and totalling it for taxes each year? Weird
If this is morale budget- I guess the morale might be quite low
Why wouldn't you accept free money?
It isn’t free money. Our morale of entire year worth $50 and it complicated my tax situation. I’d rather not to take it but director will be mad and backstab.
Take it. Claim it as income if you really want (the IRS won't audit you, it's okay). Give manager feedback that you would like team events or something.