Comments on: In-Kind Wages Can Be Better Than Cash

By: Paul Neiffer

Paul Neiffer — Tue, 17 May 2011 21:15:28 +0000

The wages are deductible when the grain is transferred to the employee. The employee can hold it as long as they want to and it does not affect the corporation at all.

By: Colin P. O'Shea

Colin P. O'Shea — Tue, 17 May 2011 15:16:42 +0000

What is tax consequences to the employer?
Are the commodity wages deductible if the commodity was never “sold”? ( stored in bins and delivered to the elevator in the name of the employee). In this case seems like it should be not deductible as the input costs have already been deducted without realizing any income on the sale. Could you please respond to this question via my e-mail.

By: pc oscilloscope

pc oscilloscope — Mon, 21 Mar 2011 13:44:19 +0000

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