Got fired 4 1/2 months ago, now make 3x what my boss did + $100 Giveaway Time

Status
Not open for further replies.
Hm. The time zone for the forum has never really lined up with mine.
 
Until 8:02. Lol

I see what your trying to do! Can't fool me buddy.

tom-baker-creepy-smile.gif
 
So, what are the tax implications for this $100 giveaway?

There's no tax implications for the recipient of the gift. The burden is on the person actually giving it, but for him he's exempt up to $14,000 per individual anyways.



You say those numbers are revenue, not profit. You say that a lot of it is profit, though. Define "a lot."

And are you accounting for federal and state taxes? If you're self employed then you're paying taxes quarterly, correct?

Wtf is with this shit, lol..
 
Why not give away 2 $100 gift cards and 1 $50 gift card for the three consecutive posters? :p

Anyway, I won't be able to enter at 8pm unfortunately. That's exactly when I have an interview for a job myself! Congrats to you MVP for your efforts.
 
Status
Not open for further replies.
Top Bottom