| Have you given your employee a gift recently? It isn’t always a taxable benefit. Non-cash gifts for a special occasion have an upper limit of $500, and non-cash gifts for a work anniversary have an upper limit of $500 every five years. Anything in excess, however, is a taxable benefit. Have questions? Give us a call! 905-571-2665 |
Shaelene’s Tax Tip of the Week – February 26th
