18 December 2008
Taxpayer asks:
I think this should be an easy question for you… are monetary gifts ($250) given to employee spouses taxable as W-2 wages to the employee?
Taxgirl says:
Au contraire. This one feels like it should be easy but it isn’t. And the reason it’s not easy is because I am fairly certain that I [...]
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16 December 2008
Taxpayer asks:
My husband and I both work and we have two young children. For the last two years, we have paid a babysitter to watch our children while we are at work.
Last year, for Christmas, we gave our babysitter a pretty good sized cash gift as a thank you. When we were doing [...]
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