|
Cafeteria Plans Less than 3% of companies in the U.S. are currently taking full advantage of the tax codes that reward them for offering employee benefits. At S&A, we can guarantee our clients tax dollar savings through the full utilization of IRC Section 125 (cafeteria plans) and all of its sub-sections. How does this help the employer? Cafeteria plans are a means by which you the employer and employee reduce their taxable payroll liability because of the "pre-tax" implications of cafeteria plans. Cafeteria plans enable employers to add such additional benefits such as flexible spending accounts, day care expenses, parking/transportation expenses all reduced from gross income before any implication of taxes. We perform free tax code utilization reviews in an effort to uncover any profit leakage experienced from the overpayment of FICA taxes. To obtain more information please contact Greg Sturgill at gregs@sturgillcpa.com
|
|
|
Home
| Firm Profile |
Accounting Services |
Tax Services |
