Designing and implementing a rewards & recognition program requires careful planning, especially when it comes to the tax implications. Complex Federal and State regulations make it difficult to determine the exact requirements that apply to every recognition initiative. To help address and clarify any questions that might arise during the planning process, Dittman Incentive Marketing’s latest white paper, Tax Considerations for Recognition and Rewards Programs, outlines the key tax-related points, providing guidance to program planners in understanding general income tax guidelines that will increase the potential for a successful program and, more importantly, avoid unpleasant surprises for both the corporate sponsor and the program participants. “Managers have many factors to consider when building an effective rewards program,” says Steve Cummins, Dittman’s Vice President of Business Operations. “This white paper will help them simplify their planning and implementation process.” The full white paper can be downloaded here. For more information about Dittman Incentive Marketing, click here.