One-Year or Two-Year Deferrals: Gift Card Tax Rules

Written by Ross Mendheim, CPA What do you get for that hard-to-buy-for relative on their birthday?  Or, what do you give a client to show your appreciation for his/her business?  Gift cards.  You can buy gift cards just about anywhere anymore.  They have become such a staple in society that you would be hard-pressed to […]

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