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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18ORDINANCE NUMBER 2010 WHEREAS, Section 125.01(o), Florida Statutes, permits counties to establish and19enforce regulations for the sale of alcoholic beverages
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What is whereas section 125?
Section 125 of the Internal Revenue Code allows employees to use pre-tax dollars to pay for certain benefits offered by their employer, such as health insurance premiums and flexible spending accounts.
Who is required to file whereas section 125?
Employers who offer benefits under section 125 of the Internal Revenue Code are required to file Form 5500 with the IRS.
How to fill out whereas section 125?
Employers must provide information about the benefits offered under section 125, including the types of benefits, eligible employees, and the amounts contributed by both the employer and employees.
What is the purpose of whereas section 125?
The purpose of section 125 is to allow employees to pay for certain benefits with pre-tax dollars, reducing their taxable income and potentially saving them money on taxes.
What information must be reported on whereas section 125?
Employers must report information about the benefits offered, the amounts contributed by both the employer and employees, and the number of employees participating in the plan.
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