Question: Exercise Three - Subject: Bonus Neelson Inc. has a September 30 year end. On September 30, 2011, it declares a bonus of $100,000 payable to

Exercise Three - Subject: Bonus Neelson Inc. has a September 30 year end. On September 30, 2011, it declares a bonus of $100,000 payable to Mr. Sam Neelson, an executive of the Company. The bonus is payable on May 1, 2012. Describe the tax consequences of this bonus to both Neelson Inc. and Mr. Neelson. Exercise Three - 2 Subject: Gifts To Employees During the current year, Jeffrey's employer provides him with a number of gifts and awards. Describe the tax consequences for Jeffrey that result from each of the following gifts and awards. Income Or Loss From An Office Or Employment Inclusions - Fringe Benefits Fair Market Value Gift T-shirt with employer logo Birthday gift (gift certificate at The Bay) Reward for exceeding sales targets 10 year anniversary awarst (Seiko watch) Wedding gift (crystal vaset Weight loss award (tickets to sporting event) Holiday season gift (gourmet food basket)

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=+1. What is the brand's character or personality?

=+3. Who is the audience?

=+4. What do they (audience members) currently think?