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How Does a Section 125 Pre Tax Plan Lower Employer Tax Liabilities?
Managing tax liabilities is a critical concern for businesses of all sizes. One strategy that has gained popularity among employers is the Section 125 pre tax plan, also known as a cafeteria plan. This approach allows employers and employees to reduce taxable income, leading to potential tax savings for both parties. Understanding how a Section 125 plan works, its benefits, and its implications...
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