How to get tax-free disability income and deductible premiums

Let me ask you two important questions…

1. When is disability income absolutely tax free?
2. 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 it!

Five ways our fact-filled article can help you.

1. We’ll give you the inside scoop on the latest IRS regulations. For example, we’ll explain how you can collect personal disability income tax free from your disability insurance policy if you comply with one simple rule. Plus, we’ll tell you how to avoid a bad mistake that can cost you a lot! Read the full article!
2. We’ll show you when disability insurance premiums are tax-deductible. The fact is, employers may deduct premiums paid for disability insurance, whether for group or individual policies, if they handle matters properly. What’s the best approach? Read the full article!
3. We’ll tell you when disability premiums are not deductible! It’s so easy to stay out of trouble with the IRS if you know the rules. That’s why it’s so important for you to read the full article.
4. The good news (and the bad news) about Form 1040 Schedule C! It’s a little tricky but we make the rules easy to understand! Read the full article!
5. We’ll tell you whether the disability premium is a medical expense. The answer may surprise you. By the way, the S corporation faces special rules which we’ll explain when you read the full article.