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Summarize pretax salary reductions. Discuss how these items affect your withheld income tax and tax...

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Accounting

Summarize pretax salary reductions.

Discuss how these items affect your withheld income tax and tax expense paid by employers.

If you have not considered the pretax salary reductions, would you consider it for the future tax year? Explain why or why not.

If you use pretax salary reductions, how have they worked out for you, will you use them again next year? Justify your reasons.

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