If you’re a sole-proprietor, you need to read my new article now! Why? Because the IRS has laid a trap for you that could cost you your self-employed health insurance deduction. The truth is, all too many sole-proprietors learn about this trap at the worst possible moment… when they file their tax returns. If you want to avoid problems and save a lot of money, don’t miss … [Read more...]
Section 105 medical plan
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How to offer dental and vision benefits under Obamacare
Offering a Section 105 health plan to your employees used to make a lot of sense. But as you’ll learn in my new article, in the Obamacare era you have to be careful about what medical coverage you offer and to whom you offer it! Make a mistake and you could face $100-per-day penalties! But here’s some good news… You can still offer various types of coverages without … [Read more...]
How to avoid the $100-per-day penalty of the Affordable Care Act
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...]
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...]
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...]