david n
Diamond
- Joined
- Apr 13, 2007
- Location
- Pillager, MN
So yesterday I open an envelope that is hand written by my customer and inside is a check written to me personally(not the biz) as a thank you for my years of service. The enclosed letter stated there will be monthly bonus checks from here on out.......................I need to talk to my accountant of the tax implications...................but since it's personal to personal it will more than likely be viewed as a gift rather than income. And if the gift threshold of $10k hasn't changed, I should be fine...................anyone else have their customers gift them bonuses?