«The investment of my time has become a major promotional benefit for my company.» (canadianbusiness.com)
Specifically, the IRS «will not assert that any taxpayer has understated his federal tax liability by reason of the receipt or personal use of frequent flyer miles or other in - kind promotional benefits attributable to the taxpayer's business or official travel.» (travelcodex.com)
IRS announcement 2002 - 18 is clear: «The IRS will not assert that any taxpayer has understated his federal tax liability by reason of the receipt or personal use of frequent flyer miles or other in - kind promotional benefits attributable to the taxpayer's business or official travel.» (creditcards.com)