Do you and/or your spouse own more than one business?
If you do, you have to know how to apply the Section 105 medical reimbursement plan discrimination rules.
First and foremost, you have to look at all the businesses you own as if they were one business. And that’s just for starters.
It’s easy to find out more. All you have to do is read my new article titled Tax Tips: Tax Rules for Section 105 Plan with Multiple Businesses.
Three ways our fact-filled article can help you:
- We’ll explain a tax-law rule you need to know about now. Sure, you can pour over the tax code and study it if you want to. But why bother? We’ve already done all the hard work! You’ll find our analysis of this important new rule when you read the full article.
- You’ll learn what a “controlled group” is. The rules for Section 105 medical reimbursement plans state that you must treat all employees of a “controlled group” as if they were employed by a single employer. Does this sound complicated? It can be… but we’ll explain everything clearly and quickly when you read the full article.
- We’ll tell you when discrimination is a great thing. You may think discrimination is wrong but it’s right when it comes to this area of the tax law. You certainly can discriminate when it comes to whom you cover and the types of coverage you offer to certain employees. We’ll make everything clear when you read the full article.