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.
Common Pre-FICA Deductions. In many cases, employers offer workers some choices in deducting eligible expenses from their gross income, rather than their after-tax income â in other words, they allow employees to make pre-FICA deductions. Employees should know about these choices and understand how pre-FICA deductions can affect them and their eventual income taxes.