3 ms·
But surely the embroidering of a company logo on it vastly reduces the value of the item, and this must be accounted for. If I have a new Cotopaxi or Arc'teryx
by squokko 4y ago
But surely the embroidering of a company logo on it vastly reduces the value of the item, and this must be accounted for. If I have a new Cotopaxi or Arc'teryx item I can sell it on Facebook Marketplace for 90% of its MSRP. But if it has a fucking TurboTax Information Security Team logo on it I doubt I could get 25%. So I hope this is accounted for in the taxation.
- count 4y agoMy understanding is that logo'd swag is (usually) marketing expense, not taxable employee gift. If it's a non-cash-equiv gift under $100 in value, it's almost definitely not a taxable income item. If it's more than that, but has the logo on it...
- nottorp 4y agoI used to work for a company that was for some reason doing both software and embroidery on clothing. They gave me once a nice winter jacket... but not with their logo embroidered on it but my nickname. Needless to say, I'll keep it for a loooong while.