TaxSlayer Bowl provides a unique perk

[sports]

More Tech fans in Dublin or Jacksonville?

 

[Diseqc]

gtphd is somewhat of an expert on everything
Things buyable by the average pleb are not brands he cherishes

ftfy

 

[andrew]

Honestly how is a free basic tax service for life NOT one of the perks.

Then they might have to address whether the bowl perks should be taxable income?

 

[BuzzCzar]

Then they might have to address whether the bowl perks should be taxable income?

now gifts are taxable income?

 

[andrew]

now gifts are taxable income?

I think they are when they are given in return for participating in a money making venture. Or at least, the Christmas gift my employer gives me every year is certainly taxed .

EDIT:

And to top it off, gift suite items are not subject to taxes because players select their gifts on a tier level instead of a cash value being attached, according to the NCAA.

Seems...iffy, given these other quotes in the article:

Each Peach Bowl participant will receive a $300 Visa gift card in the game sponsored by Chick-fil-A.

While NCAA rules cap what bowl organizers can spend on each of a school’s 125 bowl participants at $550, schools can spend up to $400 and conferences can allot $400 for postseason rewards — another $800 per participant.

http://www.stltoday.com/sports/coll...cle_94fa7266-b123-5382-935d-513ebdbcec2c.html