Pre-Tax Deductions for Employees

Published: Feb. 18, 2019, 5:49 p.m.

When a young person gets a job for the first time, it amazes them how much comes off in taxes. They make $10 per hour and work 20 hours per week. They expect to get a $200 paycheck, but instead they only get $150 after taxes. Today, I want to talk about payroll taxes and how taking advantage of your employer\u2019s benefits can reduce the tax.