Holiday Party Drinks: Do You Have to Pay Taxes?

Many firms will hold holiday parties this month in celebration of the season. These parties will involve food and drinks, and from a a tax attorney's perspective, these free refreshments should be considered income. As such, it is reasonable to consider the tax implications of partaking in such refreshments. Check out this article for one tax attorney's lighthearted take on whether or not holiday party imbibers should technically pay taxes on their drinks.