Is it ever possible that a retailer gift card given to employees can use the de minimis exception to taxable income to the employee? What if the gift cards are given at a retailer such as Apple where specific products are the only possible end gifts?
Editor's Discussion Summary:
Gifts under $50 vs any gift opinions
Some employers add the cost of the tax to deliver the net gift
De minimis meals & employee appreciation awards
IRS documents seem to indicate virtually always taxable with few exceptions