TAX-SAVING MEDICAL PLANS FOR SMALL BUSINESSES

Small business owners do not realize some of the same tax advantages as corporate employers.  They miss out on considerable savings regarding health costs.  Section 105 of the IRS Code allows self-employed individuals to become eligible for a medical reimbursement plan. These plans allow small business owners to deduct 100% of their family health insurance premiums and out-of-pocket medical, vision and dental expenses not covered by insurance as business expenses. All tax-filing entities are eligible for this type of plan including Sole-Proprietors with an employed spouse, C-Corporations, S-Corporations, Partnerships, and LLCs.  These plans save small business owners an average of $4,000 in taxes annually.  Other low and no cost benefit plan will be touched upon.  Find out more about how these plans work and see if your business qualifies.  Presenter: Tony Beauchaine, TASC.  www.tasconline.com. Host Janice Brady,   JBTaxandFinance.com Please RSVP (425) 277-6770 or janicebrady@comcast.net