Description
Identify at least three (3) key benefits that you could negotiate with your employer or potential employer that could reduce your tax liability. Provide specific examples of such benefits.
Explanation & Answer
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Employee benefits include various types of non-wage compensation provided to employeess in addition to their normal wages or salaries.
Examples of these benefits include: housing (employer-provided or employer-paid), group insurance (health, dental, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), social security, profit sharing, funding of education, and other specialized benefits.
Others include partial
reimbursement, expenses partially fully deductible and partially half deductible
à claim a full deduction claiming that the partial
reimbursement was for the half deductible portion
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