Archive for the ‘Budget Friendly’ Category
Categories: Budget Friendly, Social Media, Technology, Tips
April 19th, 2011
How do the taxes work?
One question we are frequently asked by winners is in regard to taxes….they would love to accept a prize, but are unsure of the tax obligations. So here is the skinny on how it all works. If you win a prize that has a retail value of $600 or more, you will be issued a 1099-MISC Tax Form in the following calendar year that will reflect the retail value of the prize. The 1099-MISC Tax Form is a form used to report to the IRS income as the result of a prize won. It is also used to report rent, royalties and a variety of other types of income. The amount of taxes each individual winner will be required to pay to the IRS really depends on their household income, deductions, etc. So it is always best to consult your tax advisor when determing if a prize is financially reasonable for any winner to accept.
Categories: Budget Friendly, Economy, Prizes, Tips, Winners
Categories: Advertising, Budget Friendly, Economy, Media, Social Media, Technology, Tips
July 12th, 2010
Why are so many Sweepstakes void in Quebec?
The government of Quebec has a number of laws in place that are intended to protect the citizens of Quebec, but in–turn impose a significant burden of resources and money to Sponsors.
In order to allow residents of Quebec to participate in a Sweepstakes, Sponsor must do some or all of the following things:
Continue on…
Categories: Budget Friendly, Legal, News, Promotion Risks, Tips
July 19th, 2009
You’re Already “Going Green” and Might Not Know It
The increased popularity of online marketing as a promotional tool aligns with the current trend in our society to “go green.” The new generation of technology, which includes social media networking is a low-cost way to engage consumers that is as well eco-friendly.
Chances are, you have chosen to use online and social media networking solutions for your promotions for the efficacy and viral nature of such platforms. But have you considered the positive environmental impact from using online promotions? Continue on…
Categories: Budget Friendly, Technology
April 23rd, 2009
Some Ways to Run a Promotion AND Beat the Recession
These days more and more clients are calling us to ask, “We want to run a promotion but keep the costs low, how do we do that?” or “Can we do that?”. In our 16th year administering promotions, we know a little something about running promotions on a budget: Continue on…
Categories: Budget Friendly, Prizes, Tips, Travel, Winners