It was/is an institutional investment. Berkshire Hathaway has over $2 billion in it, but we came up with a way to keep the time uncertainty out of it. I can say that we have had clients in investment clubs try to pool money together.
eeewwww... I just don't know what everyone sees in those guys. (never gotten a bonus of any kind; it's almost unimaginable. Not in this job. Occasionally someone buys you lunch or leaves you a free T-shirt. )
Wait if you give someone a $3k amex gift card, its not taxable? I'd be shocked. I mean as an owner, you'd want to claim the deduction, so I would assume the employee has to pay income tax on it...
Just make sure the cash bonus - taxes = $3,000 or you will end up with egg on your face. I've seen if before. People will count on getting the exact amount you told them they will get.
OK, we decided to go with the Philips Ambilight 42in. HDTV Plasma TV/Display for the first month. Thanks for the help. If more ideas come in, post them.
All of these bonuses are viewed as compensation by the IRS. Fatty if you need a good accounting firm let me know, I am in industry now, but the public accounting firm i was with is one of the best in Houston. I can get you the contact info if you need.
