The Hidden Tax Cost of Bank Incentive Rewards

2018-11-01T15:49:29+00:00October 9th, 2018|Categories: Member Firm News|Tags: , , |

Banks often provide awards to lure new customers or to strengthen customer loyalty. Awards can take the form of a simple gift (cash or non-cash) or can be more complex, such as a sweepstakes involving some element of chance, or a reward points program. If you have received an award from a bank, the IRS, always [...]