Sure. Disability insurance makes a lot of sense.
If you’re ever laid up and unable to work, it’s nice to have a dependable source of income.
Want to learn when the IRS will let you or your corporation deduct disability premiums and collect disability premiums tax free?
Easy. You’ll get all the money saving information you need when you read my new article titled Tax Tips for Tax-Free Disability Income and Deductible Premiums.
Three ways our fact-filled article can help you:
- We’ll tell you when disability income is completely tax free! It all depends on who paid the premiums for your insurance policy. Did you pay for it, or did your corporation pay for it? The answer has big money saving implications for you. We’ll explain a winning strategy when you read the full article.
- You’ll learn when disability insurance premiums are (and are not) tax deductable. The law is tricky here. Everything depends on who pays the premiums and who the beneficiaries are. We’ll walk you through the ins and outs of the law when you read the full article.
- We’ll cover other important topics too. For example, we’ll explain when to establish an annual “election,” whether a disability premium is a medical expense, how to handle S corporation disability payments, and much more. You’ll get the whole story when you read the full article.