A Business Tax Savings Review is a private, no-cost look at your business structure, payroll, and employee benefits. Its purpose is to identify areas where your business may be able to improve tax efficiency or make better use of available employee-benefit strategies, and to hand you clear, written questions to review with your CPA. No tax refund, tax credit, or specific savings amount is guaranteed.
Every payroll run includes FICA taxes. The employer pays 7.65% on taxable wages, and the same 7.65% is withheld from each employee, with the Social Security portion applying up to the annual wage base. Because the tax is calculated on taxable wages, the way compensation and benefits are structured matters.
Section 125 of the Internal Revenue Code allows employers to offer a cafeteria plan, in which employees may elect to pay for certain qualified benefits through pre-tax payroll deductions. When a benefit qualifies, that election can lower taxable wages, and with them, payroll taxes. Whether a particular benefit qualifies, and what it could mean for your business, depends on plan design, employee participation, and current tax rules. That is exactly what a review is for, and exactly why your CPA belongs in the conversation.
We help business owners review their current business structure, payroll, employee benefits, and other areas that may affect tax efficiency. When appropriate, we coordinate with qualified tax professionals and benefit providers to help you understand possible options.
Entity type, payroll setup, and how owners and employees are paid today, so every observation starts from accurate facts instead of assumptions.
What you offer now, how it is funded, and whether any benefits are already offered pre-tax through a Section 125 plan or similar arrangement.
Areas where a change in benefit strategy may improve tax efficiency, written down with the assumptions behind them, so your CPA or tax attorney can evaluate them before you decide anything.
For some businesses, the review includes a voluntary employee well-being program offered through a third-party benefits provider. Here is what that program can include. Features, eligibility, and costs are set by the provider, vary by plan, and are disclosed in writing before any enrollment. Tax treatment of any program should be confirmed by your CPA.
$0 copay doctor visits 24 hours a day, 7 days a week, 365 days a year. No waiting rooms. No co-pays. Covers the employee and their household.
6 counseling sessions per family member per year. One free legal consultation per legal matter. Chronic care management for ongoing health conditions. Available to the entire family.
An 8-hour private online course designed to strengthen romantic relationships. Includes 4 virtual visits with a program coach. Confidential, in-home, available 24/7.
A full-year interactive recovery program with 500+ searchable videos, a personal goal-setting system, progress tracker, personalized action plan, group meeting finder, and connections to higher levels of care. Covers all aspects of substance abuse recovery.
Direct access to Mayo Clinic-branded digital programs: mental health (The Resilient Option), holistic health (12 Habits of Highly Healthy People), productivity (Wheel of Life), and diet and nutrition (the Mayo Clinic Diet). App and web-based with videos, lectures, and mindfulness tools.
A customized digital wellness portal designed to support engagement and goal tracking. Includes the Anura vitals scanning app for real-time health metrics and AVA, a personal virtual wellness assistant available around the clock.
Results vary based on business structure, payroll, employee participation, benefit design, tax status, and other factors. No tax refund, tax credit, or specific savings amount is guaranteed.
If the review finds nothing worth changing, you will hear that plainly. That answer has value too.
Answer a few questions about your business and payroll. It takes about five minutes.
We ask only for what the review needs: a simple payroll census and a summary of your current benefits.
You receive possible options with the assumptions behind them. Any estimate is labeled as an estimate, not a promise.
You and your tax professional decide whether anything is worth pursuing. There is no obligation at any step.
Answer a few questions about your business. D'Metrid will reach out to schedule your review. No cost, no obligation, and no tax result is promised.