Section 105 of the Internal Revenue Service (IRS) regulations lets you reimburse medical expenses under an employer-sponsored health plan. You can even reimburse your employee-spouse. But you have to know what the rules are!
In my new article I’ll explain how the appeals court remand of the Shellito case clarifies the Section 105 plan requirements for both employer-spouse and employee-spouse. If you want to take maximum advantage of the tax law, read my new article titled Tax Tips: Road Map to Section 105 Plan Deductions.
Three ways our fact-filled article can help you:
- We’ll explain how why the Section 105 plan can be a powerful money-saving tool. The Section 105 plan can work like magic… creating tax deductions where none existed before. But to make the plan work perfectly, you need to do four things. We’ll list them for you when you read the full article.
- You’ll learn about the important impact of the Shellito case. In a review of the case, the appeals court provided two important notes that you should know about. You’ll find them listed and analyzed when you read the full article.
- We’ll explain why the lack of time sheets can kill your Section 105 plan. In the Francis case, the IRS argued that no evidence existed showing that work claimed was actually done. No documents existed showing the number of hours worked. Don’t fall into this trap! Get the details when you read the full article.