To help retain its talented workforce,Zapper Corporation opens a child care facility in the building next to its offices.It spends $200,000 on rent,salaries and supplies.With respect to the $200,000 expenditure,Zapper will be entitled to a tax credit and a tax deduction of

Question

Quizplus · Accepted Answer

D)A 25% employer-provided child care credit is allowed for these qualifying expenses,but the tax deduction must be offset by the dollar amount of the credit.

To Help Retain Its Talented Workforce,Zapper Corporation Opens a Child