What CAFETERIA PLAN means: A plan wherein an employer offers a choice of salary or specified nontaxable fringe benefits from which participating employees may select. The plan may be funded with employer contributions, employee contributions (usually through salary reduction agreements) or a combination of both. Also called a section 125 plan.
- Definition Corporation:
- Dictionary purposes, an entity that is incorporated under the laws of a state, a foreign entity that is treated as a corporation under IRS regulations, or an unincorporated entity that elects to be taxed as a cafeteria plan definition.
- Definition Copyright:
- Dictionary The exclusive legal right to sell, reproduce, or publish a literary, musical, or artistic work cafeteria plan explain.
- Definition Cost Method Of Inventory Valuation:
- Dictionary Valuing inventory purchased during the year at cost; that is, the invoice price less any discounts plus transportation or other costs incurred in acquiring the merchandise cafeteria plan what is.
- Definition Carryback/Carryover:
- Dictionary Provisions in the tax Code that allow certain losses or credits to be used in a tax year other than the tax year incurred. A carryover is to a future year. A carryback is to a prior year cafeteria plan meaning.
How works Cafeteria Plan meaning in Tax definitions C .
