“Are Corporate Advances to You,the Owner, Loans, Dividends,or Salary?” To get my complete, FREE articlewith all the details… Do you operate your business as a C or S corporation? Do you loan money to your corporation, or does your corporation loan money to you. If you’re answering “yes,” to these questions you need iron-clad documentation that proves the loan is … [Read more...]
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Get Your QSEHRA Health Plan in Place Right Now
“Get Your QSEHRA Health Plan inPlace Right Now” To get my complete, FREE articlewith all the details… Yes. It’s a mouthful. I’m talking about the “qualified small-employer health reimbursement arrangement” or “QSEHRA.” QSEHRA is a great way for you to give your employees valuable medical coverage while you benefit! (This is possible if you have less than 50 … [Read more...]
Pay the PCORI Fee If You Have a 105-HRA, QSEHRA, or ICHRA
‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑ Three Important Acronyms PCORI: Patient-Centered Outcomes Research Institute QSEHRAs: Qualified Small Employer Health Reimbursement Arrangements ICHRAs: Individual Coverage Health Reimbursement Accounts ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑ “Pay the PCORI Fee If You … [Read more...]
The Cleaning Lady and Your Home-Office Deduction
“The Cleaning Ladyand Your Home-Office Deduction” To get my complete, FREE articlewith all the details… Do you have a tax-deductible office in your home? Do you have a cleaning lady who cleans your office as well as your home? Then be careful. You see, how the status of your cleaning lady is classified by the IRS can make a huge difference to you. Here are … [Read more...]
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...]