Restaurant Bonds

To bring revenue in the door when customers can’t come, some restaurants are selling gift certificates that are essentially “restaurant bonds.” For example, a customer pays $75 now and redeems the gift certificate for $100 when the restaurant is open for dining in (within a fixed period, such as 60 days). Find out more from Dining Bond.

Alert: Follow coronavirus-related federal tax changes through the IRS’ Coronavirus Tax Relief center.

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