Dear Larry,
I am a spa owner with 15 employees. We are planning a large company family picnic in July and I would like to give an achievement award to my top massage therapist. She has been with me for four years and really deserves it. I would like to know if it is better to give her cash, or an actual gift. If possible, I don't want her to have to pay taxes on it. I would appreciate any information you can give me.
Thanks,
Whitney
Whitney, the best information I can give you on this subject is on our website. Click on Achievement Awards to learn about giving and receiving employee awards.
It is a pleasure serving you!
Larry Kopsa CPA
