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March 9, 2021
Question

non cash bonus to my employees

  • March 9, 2021
  • 1 reply
  • 0 views

giving horses to employees as bonus

How do I handle this

1 reply

March 9, 2021

The Fair Market Value of the horses are added to the employees' W-2 wages.

 

Your business deduction is the Adjusted Basis of the horses (which very well may be $0).