Gift cards are also supposed to be taxed

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Jan 29, 2022
1:05:07am

molodyets Mortgage guy in all 50 states

Gift cards are also supposed to be taxed

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molodyets

Previous username: patches1391
Bio page: molodyets
Joined: Mar 26, 2006
Last login: May 5, 2024
Total posts: 43,241 (19,302 FO)

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Messages

Author

Time

Supposed to give $100 gift cards for a few employees. What kind of gift card

CBaass

1/27/22 9:52am

Visa

Sea Chicken

1/27/22 9:53am

Dennys. They can eat for days

Cougarclaw

1/27/22 9:53am

Know what they like? Places they like to eat? Fancy-ish restaurant in town?

Adwight

1/27/22 9:53am

Amazon

Pimpin4Paradise

1/27/22 9:53am

Amazon gift cards are essentially as good as currency in our house.

supertux

1/27/22 9:53am

Amazon

PrimeQuantumDeek

1/27/22 9:54am

Visa. Then they can spend it wherever and however they like.

fldnstrm

1/27/22 9:55am

Visa is nice but usually has a $5 charge (to the Company). Amazon I don't

BYUHawk

1/27/22 9:56am

Visa, some people don't have Amazon account.

1/27/22 9:57am

RE: Visa, some people don't have Amazon account.

supertux

1/27/22 10:00am

I didn't and still don't. Before I was married to my wife 10 years ago.

1/27/22 10:02am

So yeah you have an account. My wife could technically say she doesn't have an account because she uses mine. I'm

supertux

1/27/22 10:05am

I guess you can say that, but again I know some in my family that don't have an

1/27/22 10:06am

Here's what I'd do. Go to a online cashback portal (like Topcashback) and order

Skeptical Optimist

1/27/22 9:58am

Amazon is as good as cash and probably what they'd say they want. It does get

runnincoug

1/27/22 9:59am

Definitely Amazon. Those Visa cards can be hard to use their entire balance

TCuz

1/27/22 9:59am

Good point. As a employee if they are in person I would just prefer cash.

1/27/22 10:03am

The solution to this I just recently realized...

Kuguar

1/27/22 10:21am

Stockpile - let's them buy a little stock. Just something I hadn't seen

crack

1/27/22 10:03am

How big is the team? Is it possible to get each of them something specific to

crack

1/27/22 10:18am

Do it thru Tango, so they can choose

1/27/22 10:21am

We just use $100 bills and screw the gift cards.

VACOUGFAN

1/27/22 11:27am

I’d rather do that. Whatever I do I have to do it with my corp Amex

CBaass

1/27/22 1:58pm

Isn't cash taxed, and why you use gift cards in the first place?

ochobeeguy

1/28/22 7:18pm

Gift cards are also supposed to be taxed

molodyets

1/29/22 1:05am

It's off the books.

VACOUGFAN

1/29/22 8:07am

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