Accountants Ruin Another Christmas

Maybe this isn’t really a tradition yet, but it’s a nice gesture from a company to buy their employees a $25 card to an electronics store or something else fun (though you know media people all love their toys, so maybe we should just stick with Best Buy).

Entrepreneur magazine’s blog reminds us, though, that the value of gift cards are tax-deductible, so if your company gives out cards, you have to add that value onto employees’ W-2s.