Reduce Payroll Taxes without Reducing Employee Pay—Here’s How

An employer sits at her desk and reviews graphs, demonstrating reducing payroll taxes.

For companies aiming to reduce expenses without cutting employee salaries, a Section 125 Plan is a valuable yet frequently overlooked option. It helps lower payroll taxes for employers while boosting employees’ take-home pay—all without incurring additional costs. Let’s explore this further. The Section 125 Plan A Section 125 Plan, also known as a cafeteria plan, […]