If you’re married, a Section 105 medical reimbursement plan can help keep money in your pocket, not Uncle Sam’s.
But you don’t have to be married to get a nice tax break from the IRS. The fact is, unmarried and same-sex couples can also benefit from the proprietorship’s or one-owner C corporation’s health reimbursement plan.
Want to find out more? Easy. Just read my new article titled Tax Tips: Section 105 Plan for Unmarried and Same-Sex Couples.
Three ways our fact-filled article can help you:
- We’ll tell you the good news for a sole proprietor who’s married. The way the tax code is currently written, a sole proprietor gets the most benefits from the Section 105 plan if he or she is married. But marriage is certainly not required. We’ll explain the facts clearly when you read the full article.
- We’ll explain how the Section 105 plan can help the unmarried, too. What about a man and woman living together, one of whom is self-employed and hires the other person to work with him/her? Or about same-sex partners, one of whom is self-employed and hires the other to work with him/her? Or about unrelated people working for other unrelated people? You’ll get answers when you read the full article.
- We’ll give also give you a list of our other articles dealing with Section 105 plans. In fact, you’ll be able to read selected sections from dozens and dozens of our information-packed articles… all designed to save you money. Of course, if you’re a subscriber, you can read both the selected sections and the articles. The links are just mouse-clicks away when you read the full article.