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Finch Construction Company provides the carpenters it employs with all of the required tools. However, the company believes that this practice has led to some

Finch Construction Company provides the carpenters it employs with all of the required tools. However, the company believes that this practice has led to some employees not taking care of the tools and to the mysterious disappearance of some tools. The company is considering requiring all of its employees to provide their own tools. Each employees salary would be increased by $1,500 to compensate for the additional cost. Write a letter to Finchs management explaining the tax consequences of this plan to the carpenters. Finchs address is 300 Harbor Drive, Vermillion, SD 57069.

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