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Reportability of food gift cards for meals consumed during online meetings
September 28, 2021
Q. The IRS regulations are clear that gift cards to employees are always compensation and should be reported on a W-2. But given that COVID has made it impossible for people to meet physically, can a distinction be made between a general merchandise gift card such as VISA/Mastercard that could be used for any purpose versus an Uber Eats or GrubHub card that is available for a limited time and to be consumed either during a Zoom meeting or in connection with a holiday event? My company would…
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