working with the tax law

    when oprah gave away potiac 6 g6 sedans to her audience, was the value of the cars taxable? On labor Day weekend 2006, World Furniture Mall in Plano, Illinois, gave away $275,000 of furniture because Chicago Bears shut out the Green Bay Packers in the team′s football season opener at Lambeau Field in Green Bay (26-0). Was the free furniture company have handed the customers a From 1099-MISC?