This is a complex subject and it may be a struggle getting through this explanation. If you persevere, you will probably have a couple of "Aha!" moments and say to yourself, "That is why the agency told me that!".
Tax advantage is a phrase invented by travel companies for programs that allow them to shield a certain portion of your pay from income taxes.
- Tax advantage is a marketing term agencies use.
- Tax advantage is a way to shelter income from taxes.
- Tax advantage is an alternative term for Meals and Incidentals (M&IE) as defined by the IRS.
- Tax advantage adds about $100 a week to your paycheck.
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