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mac1
HI,
I just had a question.If I were to trade my services for use of a one week timeshare and then use that week as an incentive for my employees,what would be the tax implications?Any information would be greatly appreciated.
My address is mocm14@hotmail.com
Thank You,
Matt McDonald
Bill Berke
I strongly suggest you review this with your CPA. My first impression is that you have income for the trading of services and a deduction for the fringe benefit of the timeshare use by employees - maybe. Who is trading services - you or your company (the employer)? But,I could be all wet and there must be an easier way to get this done. As I said check with your tax accountant.
mac1
Bill,
Thank you for your help.If your ever coming to Cancun and need any info,feel free to drop me a line.
Sincerely,
Matt McDonald
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