If I spot bonus one of my employees, can I pay it via gift card so they don’t get a tax cut via writing a check? It’s for $1500

likefunny
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Thats called tax fraud. The answer is no. You can pay the taxes on the bonus but that’ll cost you more like 2500

likehelpfulfunny

vp I like how you think. I would happily take your gift card.

funnylike

Even though a bad idea, total shout out for the boss who wants to find a way to keep more money in their employees pocket. Good for you for trying. 👍

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NO. That is called a personal gift (which is also not okay). Even if the agency gave this person a $1500 gift card, they would still need to report it as income on their taxes. Run that by your finance director, they’ll laugh in your face.

funny

Lmao, please don’t.

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