Could a Section 125 Plan Be the Smartest Move for Reducing Payroll Taxes?
Managing payroll expenses is one of the biggest financial challenges for growing businesses. Employers continuously search for legitimate strategies to reduce tax burdens while still offering competitive benefits. One option that often stands out is the section 125 plan. Designed under the Internal Revenue Code, this structure allows employees to pay for certain benefits with pre-tax dollars, which can significantly reduce payroll tax liabilities for both employers and employees.
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