With incentives, it sometimes takes an expert to figure out who should write a check to the Internal Revenue Service at the end of the year. Here are some guidelines:

  • A true incentive, which rewards an employee for achieving certain goals, is 100 percent deductible for the company providing the incentive. “The bad news is that the fair market value of the trip is going to be considered taxable income to the recipient” and must be reported on an IRS 1099 form, says Jonathan T.

Register to view the full article

Register for and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.