Here are two important facts you may not know: FACT #1: Under the right circumstances, you can provide tax-free lunches to your employees. A nice fringe benefit to be sure! FACT #2: As the business owner, you can also qualify for tax free lunches if you know how to play the game. You’ll learn how, when you read my new article titled Tax Tips: Tax-Free Lunches for … [Read more...]
Employees
Sorted by Date
Tax-free supper money
When your employees work overtime, do you provide them with supper or other meal money? If you do, is that meal-money a tax-free fringe benefit, or is it additional W-2 compensation to the employees? You’ll find answers to these questions, plus a lot more, when you read my new article titled Tax Tips: Tax-Free Supper Money Tax Tips. Three ways our fact-filled article can … [Read more...]
Tax Tips for an S Corporation’s HSA
A Health Savings Account (HSA) can be a powerful money saver, but you must know the tax consequences of having one. If you want to learn the tax law’s special HSA rules that apply to the S corporation employee-owner, read my new article titled Tax Tips for S Corporation’s HSA. Three ways our fact-filled article can help you: We’ll discuss payments on behalf of employees … [Read more...]
How to get tax-free disability income and deductible premiums
Let me ask you two important questions… When is disability income absolutely tax free? When can you, your business, or your corporation deduct disability insurance premiums? You’ll find specific answers in our must-read article from the current issue of the Tax Reduction Letter. It’s titled Tax Tips for Tax-Free Disability Income and Deductible Premiums. Don’t miss … [Read more...]