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Comment Re:HO HO HO NOW I HAVE A MACHINE GUN! (Score 1) 382

No, they don't. When an employee gives a real gift, they add it's value to the employee's W-2 as unexpected income. If the employee donates the gift, they employee can now deduct it. If you donate in an employee's name, you don't add it to the employee's W-2, so there's nothing for the employee to deduct. If they were to report it as income, then everyone who doesn't itemize would get shafted, being taxed for income that they never saw or had the freedom to use as they pleased.

Comment Re:Write off (Score 1) 382

Nah. Employer gifts are income according to the IRS. If they reported the donation as income on your W-2, yes, you could deduct that, but that's not what they'd do. They'd just not report it on your W-2, so that you don't have to deduct anything. Otherwise, people who don't itemize would get completely screwed over. https://www.shrm.org/resources...

Comment Re:So do the employees get to write that off? (Score 1) 382

If alphabet gifts to the employees, that gift is taxable income, meaning the employee pays the tax. If they give you as an employee a gift and you donate it to charity, it stops being taxable income, meaning you are able to deduct that reported value from you taxable income and potentially be refunded as a result. If they donate in your name, that means that the additional taxable income isn't reported for you, so there's nothing to deduct.

Comment Re:So do the employees get to write that off? (Score 1) 382

The $14,000 gift limit explicitly does not apply to employers giving gifts to employees. When an employer gives a gift to an employee, it is considered a fringe-benefit, and the value of it must be reported as taxable income. If Alphabet were to use trickery like putting stuff in other people's names, when giving significant gifts to 70,000 employees, they would get caught pretty easily.

Comment Re:So do the employees get to write that off? (Score 1) 382

You are mistaken. The $14,000 gift exclusion is for gifts from friends and family. When an employer gives you a gift, unless it is something so tiny that it isn't practical to account for it (known as de minimis), its value is supposed to be reported as income. Now what constitutes that tiny amount is open ended, but if it's anything worth more than $50, the IRS would probably not be cool with it going unreported if it were to find out.

Comment Re:A gift for the stupid and uneducated (Score 1) 188

One is Analog microphones + digital effects & synths -> digital recording -> analog conversion through speakers which vibrates your ear.

The other is Analog microphones + digital effects & synths -> digital recording -> analog recording -> conversion to voltages which are amplified -> conversion to speakers which move your ears

Honestly, as long as the digital sample rate is high enough (these days, it always is) and you listen to the record on a quality hi-fi, and you take care of your records, then you aren't losing anything, except convenience. But yeah, you aren't really gaining anything either, unless you count the ability to do record-scratching (which can also be done digitally) and being more forced to listen to a whole side of a record before flipping it or changing records, instead of the modern ease of the "next track" button.

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