If you give cash as a wedding giftâ¦. 1  Always enclose it in a nice card with the appropriate personal note, wedding wishes, and congratulations to the happy couple.  If you choose to give cash as a gift card, opt for cards at stores the couple prefers and cards without expiration dates or monthly fees.
By providing benefits under a cafeteria plan, an association can provide its employees with a mechanism to avoid taxation of the employer-provided benefits. What's offered in a cafeteria plan? Why not provide a built-in cafeteria plan by giving all individual taxpayers a deduction above their adjusted gross income for health-insurance premiums, and deduct premiums from their FICA base as well?
Cafeteria Benefits. The âCafeteria Benefitsâ plan organized under Section 125 of the Internal Revenue Service offers group rates for dental, vision, cancer, disability and life insurance to all full-time permanent employees. Also available are flexible spending accounts for out-of-pocket medical expenses, as well as dependent care costs.