“Six Health Insurance Questionsfor Small and Solo businesses” To get my complete, FREE articlewith all the details… Like most small and solo business owners, you want to take advantage of valuable business tax deductions for health insurance and medical expenses. That’s where the 105-HRA plan comes in. What does “HRA” mean? HRA stands for Health … [Read more...]
Corporations
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Avoid This S Corporation Health-Insurance Tax-Deduction Mistake
“Avoid This S Corporation Health-InsuranceTax-Deduction Mistake” To get my complete, FREE articlewith all the details… If you own more than 2% of an S corporation, you have to follow special rules in order to legally deduct your health-insurance premiums. These demanding health-insurance rules can also apply to family members who work in your business but don’t … [Read more...]
Is holding real property in a corporation a good or bad idea?
“Is Holding Real Property in a Corporationa Good or Bad Idea” To get my complete, FREE articlewith all the details... My new article is intended to answer a very important question: Does ii make sense for you to hold real property in your corporation? Here’s my advice. For tax reasons, you’re generally well advised NOT to hold real property in your … [Read more...]
Are You Cheating Yourself by Using IRS Mileage Rates?
“Are You Cheating Yourselfby Using IRS Mileage Rates?” To get my complete articlewith all the details... What a pity. Choosing the wrong mileage rate can cost you a whole lot of money. That’s why I’ve written my new article. In it, you’ll learn one, true, easy way to know whether the IRS “optimal mileage” rate works better for you than the actual expense … [Read more...]
$80 Billion to the IRS: What It Means to YOU
“$80 Billion to the IRS: What It Means to YOU” To get my complete articlewith all the details... When lawmakers appropriate money, there are inevitably winners and losers. Thanks to The Inflation Reduction Act, the IRS will receive an additional $80 billion over the next decade, making the IRS a sure winner. This lets the IRS add thousands of new employees and … [Read more...]