Submitted by plazman30 t3_11bsapa in BuyItForLife
plazman30 OP t1_ja0hr5z wrote
Reply to comment by Occhrome in A BIFL rant about corporate purchases.... by plazman30
Ogio backpacks are nice.
These Leed's brand backpacks are pretty crappy. It's all about the corporate branding. If they give you anything for free, it needs to have the company logo on it, so you can be a walking billboard as you walk around.
Yet_Another_Limey t1_ja2f8op wrote
If there’s not the logo it’s taxable.
plazman30 OP t1_ja2yoou wrote
Leave it to the IRS to f*ck things up.
A LOT of companies got rid of benefits such as tuition reimbursement and other small perks because now it's taxable and they don't want to track it.
My wife was the treasurer of my kids' PTA. They used to give the teachers a $100 staples gift card in August to let them buy supplies for themselves. They had to stop doing that because that was taxable income to the IRS.
I have a few other examples of the IRS getting rid of corporate perks by making them taxable.
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