Use of the term Anglo-Saxon begins with Walter Scott, as an adjective meant to differentiate the common people of England from the haughty and oppressive Norman-French aristocracy (the so-called Norman yoke).
Pretax Payroll Deductions. Pretax payroll deductions are qualified deductions that lower your employees' taxable wages. You subtract their contributions from their gross wages before figuring their tax withholding. Some pretax deductions reduce taxable wages for income tax; others reduce taxable wages for Social Security and Medicare taxes.
Pre-tax deductions from payroll are qualified deductions applied by employers to employee income before it is subject to taxes. Qualified pre-tax deductions will not appear on Form W-2 or the employerâs quarterly payroll tax report (Form 941). Pre-tax deductions lower employeesâ taxable income and can reduce income tax, state, federal, and FICA taxes.