Tag: FUTA

Question:  Can a small employer (less than 10 employees that has a health plan for those employees take advantage of any tax savings? Answer: Below is the information we have relating to tax treatment of health plans for smaller employers. Small eligible employers meeting contribution requirements and eligibility and participation rules can provide a simple cafeteria…

Question: Are there any limits on the amount an employer can reimburse employees for mileage before taxes are assessed? Answer: The type of reimbursement plan you have will dictate whether reimbursement for business travel is or is not taxable. With an “accountable plan”, the reimbursement is not taxable to your employee. Amounts paid under an…