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Monday, February 27, 2017

In Case You Were Wondering

Oscar swag bags include, among other things:
  • Crayola My Way customized box of crayons
  • Dandi Patch underarm sweat patches
  • Elvie limited edition pelvic floor exercise tracker (and app) [limited edition!!]
  • Rest-Rite Sleep Positioner
  • SweetCheeks cellulite massage mats
... the fair market value of which is fully taxable to the celebrity receiving such swag, reported on Form 1099-MISC. (What is the fair market value of a cellulite massage mat anyway? Which begs the question . . . oh, never mind.)

Luckily, celebrities can afford to get help with their taxes. Although, I wonder how many of them use PriceWaterhouseCooper. . . . Accountants, like long snappers, don't really want to be in the news.

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