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Guest
My wife works for Atlantic Salmon of Maine, and they recently gave an award of $1,500 (to be used towards a trip) to each person who had been with the company for 10 yrs. Some had used theirs before 2001. My wife has been planning a trip for several months, but nothing is finalized. She happened to go into a local store (we live in a very small town) and found out that the company is not going to give them $1,500, but each employee will receive what is left after taxes. My wife hit the ceiling! Can they legally do this? Shouldn't the company take the brunt of any loss? Those that received their $1,500 in 2000, received the full amount. The company claims the IRS will not allow them to give the full amount of $1,500.
Can anyone help?
Can anyone help?