One study had estimated that $30 billion in gift cards would be sold in the 2024 holiday season by retailers, restaurants, and other merchants. Hopefully, if you sold gift cards, some of your customers will use them today, and spend even more with you. The tax treatment of revenue from gift cards is discussed in a December 2024 blog. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
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