Example: dental hygienist
Section 125 – Cafeteria Plans Overview
Impact of Noncompliance: According to the IRS’ 2007 proposed regulations, if there is no written plan document in place or if the written plan document does not comply with the content or timing requirements, employees’ elections between taxable and nontaxable benefits will result in taxable income to the employees.
Download Section 125 – Cafeteria Plans Overview
Information
Domain:
Source:
Link to this page: