Incentive Gifts and the IRS

Incentive Gifts and the IRS

Beware of giving lavish promotional gifts that have no direct connection to your business. That's the message from a recent clampdown by the Internal Revenue Service that, according to The Wall Street Journal, is behind the Academy of Motion Picture Arts and Sciences' decision not to offer gift bags at this year's Academy Awards and a requirement at last year's Emmys that recipients fill out W-9 forms, complete with Social Security numbers. Some estimate the value of

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