If You Issue Gift Cards, the IRS Has a Present for You

The use of gift cards in the United States has exploded in recent years. While there’s no consensus about the overall size of the market, one source cited by the Federal Reserve Board estimated that nearly $250 billion was loaded onto all types of prepaid cards in 2008.
Generally, the IRS requires card issuers [...]

Source: http://bigfatfinanceblog.com/2011/04/01/if-you-issue-gift-cards-the-irs-has-a-present-for-you/

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