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Know when ‘freebie’ trips are taxable to avoid IRS scrutiny.

Authors :
Pestronk, Mark
Source :
Travel Weekly; 2/19/2018, Vol. 77 Issue 7, p7-7, 3/7p, 1 Color Photograph
Publication Year :
2018

Abstract

The article provides an answer to a question of whether the value of a complimentary resort stays should be reported as income on federal tax returns, higlighting the importance of determining whether freebie trips are taxable to prevent scrutiny from the U.S. Internal Revenue Service (IRS).

Details

Language :
English
ISSN :
00412082
Volume :
77
Issue :
7
Database :
Complementary Index
Journal :
Travel Weekly
Publication Type :
Periodical
Accession number :
128108050