Timeshare as employee benefit

[Guest 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.

[Guest 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