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Six Health Insurance Questions for Small and Solo businesses

June 2, 2023

“Six Health Insurance Questions
for Small and Solo businesses”

To get my complete, FREE article
with all the details…

Like most small and solo business owners, you want to take advantage of valuable business tax deductions for health insurance and medical expenses.

That’s where the 105-HRA plan comes in.

What does “HRA” mean?

HRA stands for Health Reimbursement Arrangement.

It’s employer-sponsored and reimburses employees for medical care expenses.

Needless to say, since we’re dealing with the IRS, many questions arise about how to put a 105-HRA to work for you.

In my new article I’ll answer
Six important questions like these:

  • What steps do I take to properly reimburse 105-HRA expenses?
  • Can my 105-HRA reimburse and deduct Medicare payments (both mine and my spouse’s)?
  • Can you show me a big-picture flowchart of who can participate in a 105-HRA?
  • How do we, as 50-50% owners of an S corporation, find qualifying insurance and deduct it?
  • How do spouses that operate a 50-50 LLC deduct health insurance for the employee-spouse?
  • Can I consider the Medicare tax a cost of insurance for the 105-HRA plan?

Want to get straight answers to questions like the ones above? (and I suggest you do!) Take a minute and…

CLICK HERE to read my completely new article titled:

“Six Health Insurance Questions
for Small and Solo businesses”

Filed Under: Corporations, Employees, Filing tips, Fringe Benefits, Insurance, Medical (for 105 plans see Section 105 medical plan), Section 105 medical plan, Spouse, Tax Planning

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