Posts Tagged ‘maximize tax deductions’
Triple Tax Advantages: Reimburse Employee-Spouse for Health Insurance
If you are self-employed or a single-member limited liability company (LLC) taxed as a proprietorship and your spouse is your only eligible employee: Your business can reimburse your employee-spouse for the cost of health insurance, whether purchased through a public health insurance exchange or an insurance company. Your health insurance reimbursement to your employee-spouse works…
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