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Deducibility Of Employer Contributions


Definition of "Deducibility of employer contributions"

Mathew Madappallil
  Triangle Trinity Realty Inc

Contributions (under qualified employee benefit plans, such as pensions and health insurance) made by an employer on behalf of employees, deducted as a business expense for tax purposes. Employer contributions are not considered current taxable income to the employee. Thus, significant tax advantages are available to both an employer and an employee.



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