Taxfreepremiums.com
Accounting - Sandy, Utah, United States
Taxfreepremiums.com Employees
Taxfreepremiums.com Details
Many states legally require employers to sponsor a POP if their employees pay any portion of their health insurance premiums. However, it is common for companies to misplace their POP documentation, or they may have a POP document on file but it is out of date.Often companies fail to realize the need for this document even though they are currently deducting their employees' premiums pre-tax. In the event of an audit, this could lead to expensive fines and legal fees. Tax Free Premiums makes it very easy to reinstate an existing POP, or create a completely new one. With our automated and real-time updates, companies can be in compliance in less than five minutes. And ongoing monitoring by our specialized legal team ensures that changes needed for a company to remain in compliance are done automatically—we make it easy to stay in compliance.
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