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Wednesday, May 26, 2010
Trane's bonuses are taxed at 25%... Details not known. A person won a raffle at work for a bike. Because she kept it, she had to pay $40 tax for it. Suggested that corperate gifts over $50 need to be reported. I wonder if that is total per quarter or per gift. Can you get 20 x $49 gift cards and not report it?
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