Are you a self-employed business owner or a single-member LLC with your spouse as your only eligible employee? Consider a health reimbursement plan that delivers multiple tax benefits:

• Tax-Free Benefit: Reimburse your spouse for health insurance (or other medical expenses) and have it treated as a non-taxable fringe benefit.

• Business Deduction: Deduct the reimbursement as a business expense to lower both your income and self-employment taxes.

• Penalty Avoidance: Sidestep the costly $100-per-day penalty imposed on reimbursing individually purchased insurance.

• Subsidy Retention: If insurance is purchased through an exchange, the arrangement can help you retain eligibility for premium tax credits.

By setting up a properly documented, family-oriented reimbursement plan, you can save on employment taxes, meet IRS guidelines, and potentially benefit from government subsidies—all while securing the health coverage your family needs.

Isn’t it time to optimize your benefits and keep more money in your business?