Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 
PDA

jaxmax
Sep 18, 2007, 03:11 AM
we get safety incentives at my job they are small gifts such as umbrellas and flashlights. they now make us pay taxes on these "gifts" why is that? when was that tax law passed and by who?
AtlantaTaxExpert
Sep 18, 2007, 07:03 AM
The gifts are considered part of your compensation or salary. Hence, they are taxable.

The law was passed back in the 1950s by Congress.