Are you worried about violating the Obamacare rules and exposing yourself to the $100-per-day penalty? Relax! We’ll give you the assistance you need to put you on the road to recovery. The IRS will be looking very closely at how you reimburse employee health insurance bought on the individual market—if you aren’t careful, you may unintentionally violate the Affordable Care … [Read more...]
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IRS Axes 2014 Obamacare Penalties, Amend the W-2s
There’s good news from the IRS! You read that right. As you’ll learn when you read my new article, Uncle Sam has some very good news for you… If you didn’t comply with Obamacare rules in 2014, the IRS likely gave you a big out of those severe $100-a-day penalties! If you did comply with Obamacare rules, you may have overtaxed your employees and, thanks to the new IRS … [Read more...]
Great health insurance news from the IRS for S corporation owners
If you own an S corporation, my latest article contains news that should put a smile on your face, you see… The IRS has just ruled that S corporation owners are safe from Obamacare penalties through 2015! That’s right. You can now deduct your health insurance premiums without facing the Affordable Care Act’s $100-per-day penalty. That’s a big relief. We’ve been waiting for … [Read more...]
Deduct your swimming pool (and more!) as medical expenses
When it comes to claiming legal tax deductions, your accountant can be your best friend. But your doctor can be a great pal too if he or she suggests you buy certain equipment for your health. That’s right… A swimming pool, ergonomic chair, elevator, and lots more can all be tax deductable if your doctor says you need them! Want to find out more about how to take advantage … [Read more...]
Important year-end retirement and medical tax strategies
Here’s a fact that every business owner should know… Depending on how you’ve structured your retirement and medical plans, our year-end tax strategies can slash your 2014 tax bill by $5,000 to $15,000 or more! Does this sound too good to be true? Well, it is true and I’ll prove it to you. In my new article, I’ll explain seven killer strategies that can save you a bundle. … [Read more...]