Question: Several of Egret Company s employees have asked the company to

Several of Egret Company's employees have asked the company to create a hiking trail that employees could use during their lunch hour. The company owns vacant land that is being held for future expansion, but would have to spend approximately $50,000 if it were to make a trail. Nonemployees would be allowed to use the facility as part of the company's effort to build strong community support. What are the relevant tax issues for the employees?

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  • CreatedMay 25, 2015
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