Which of the following is an example of a pretax benefit for the veterinary employee?
  1. Vacation pay
  2. Pet medical care
  3. Profit sharing
  4. Health insurance premiums
Explanation
Answer: D- Health insurance premiums are an example of a pretax benefit for the veterinary employee. Most of the time, qualified pretax benefits are a valid and legal deduction for the practice owner and are not subject to employment taxes for the employee.
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