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Business Deduction for Employer provided day care for S-Corp

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    Business Deduction for Employer provided day care for S-Corp

    Does anyone have any advice regarding implementing an employer provided day care fringe benefit when the only employees are the shareholders?

    #2
    See Tab 5 The Tax book and other applicable sections.

    also see: https://www.hg.org/legal-articles/fringe-benefits-giving-perks-to-employees-7753

    and

    IRS pub 15B
    Last edited by TAXNJ; 07-11-2019, 04:16 PM.
    Always cite your source for support to defend your opinion

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      #3
      Are both full-time salaried employees? Is the child care benefit out of proportion to both salaries? It would have to be reasonable to be tax deductible by the S-Corp, IMO.

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