Pre-Tax Benefits Often Go Unused

FINANCIAL PLANNING
Another year, another opportunity for tax savings—but only if you opt in.

According to the American Payroll Association’s 2007 Getting Paid in America survey, 80% of employers offer tax-advantaged payroll deduction programs, including cafeteria plans, dependent care flexible spending accounts, travel reimbursement incentive programs and health savings accounts, but only 59% of employees are enrolled.

Source: Getting Paid in America, www.nationalpayrollweek.com/documents/2007NPWSurveyResults_updated.doc .

Features

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.

From The Tax Adviser

From CPA Insider

Magazine