Ask An Accountant: What Kinds Of Gifts Are Public School Teachers Allowed To Accept?
Attention Parents! We know many of you have big hearts and will be giving teacher gifts as a token of appreciation for the holidays, but please make sure your gifts "fit in the box," particularly for our public school teachers. Faulk & Winkler team member, Tiffany Michel, explains what/how much is acceptable to give to your favorite educator.
Disclaimer: these videos are meant to be general information on accounting basics and are not meant to be a definitive statement on tax rules and regulations. For specific advice on a situation, please contact us.