2016 health insurance for S corporation owners

A little history…

For 2014 and 2015, the IRS let S corporations escape the $100-a-day penalties on select corporate payments of health insurance (for owners with a more than two percent ownership interest).

But what about 2016?

I’ll tell you exactly what you need to do with your S-corporation to make sure you keep your health insurance deductions and avoid penalties for violating the Obamacare rules.

You’ll get the whole story when you read my new article titled Tax Tips: 2016 Health Insurance for S Corporation Owners.

Three ways our fact-filled article can help you:

1. We’ll tell you the good news! For starters, the old rules still apply. You can still deduct your health insurance premiums if your S-corporation establishes a plan that provides medical care coverage. All will be explained when you read the full article.
2. You’ll learn how to establish a health insurance plan the right way. There are two ways to establish your plan in a manner that keeps Uncle Sam smiling. And there are two steps you’ll have to follow. We’ll explain them fully when you read the full article.
3. We’ll tell you two dangers to watch out for. To claim the self-employer health insurance deduction you have to clear two hurdles. We’ll help you get over them when you read the full article.