Employers may be thinking about rewarding hard-working employees with a gift. The tax law permits this but, as with many things, it sets some parameters.
To say this past year has been challenging is definitely an understatement. Employers may be thinking about rewarding hard-working employees with a gift.
If you think that, once your not-for-profit receives its official tax-exempt status from the IRS, you don’t have to revisit it again, think again.