Triple Win ER EE Tax Savings

by Jennifer K. Wicklund CPA

Upcoming in Q4 is the time for yearend checkups and moving forward with tax saving strategies in 2019. Employers and employees can make plan changes and purchase certain benefits on a pretax basis in the New Year.

Find out:

How certain plans reduce tax bills for employees and employers

Employer and Employee Tax Savings
Contributions reduce tax for the employee and the employer. The employee gets to keep more earnings on their paycheck with less withholding. The employer’s matching payroll taxes are reduced as well. Employees, their spouses and dependents can benefit!

This issue: Cafeteria Plans. Get the executive summary and more with SoundCPA Insights for Business.