by Mike Jesowshek, CPA | Dec 3, 2021 | Accounting, Banking, Business, IRS, Medical costs, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
A QSEHRA is an HRA that is available to employers with fewer than 50 full-time equivalent employees that do not offer a group health insurance policy. With a QSEHRA, employers reimburse employees tax-free for medical expenses (including health insurance premiums)....
by Mike Jesowshek, CPA | Dec 1, 2021 | Accounting, Banking, Credit Cards, IRS, Office Equipment, Operations, Payroll, Self-Employed Health Insurance, Tax-planning strategy, Taxes, Year-End Strategies
Before you know it 12/31/21 will be gone and we will be onto 2022. One thing we talk about often is that once the clocks turns to 1/1 a vast majority of tax strategies are no longer available. Today we are going to go through some of the top strategies you want to be...
by Mike Jesowshek, CPA | Nov 17, 2021 | Accounting, Banking, Business, IRS, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
“I paid for business items personally, how do I get those recorded in the business?” “I have some items that are both business and personal mix. How do I report those? Should I run them through the business or should I run them personally and...
by Mike Jesowshek, CPA | Oct 27, 2021 | Accounting, Banking, Business, IRS, Medical costs, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
This is the third post in our “Healthcare Mini Series”. Lets face it, sometimes life hits you and medical costs rise higher than you would ever hope for. Fortunately for those business owners there may be some options available to get a tax savings from...
by Mike Jesowshek, CPA | Oct 20, 2021 | Accounting, Banking, Business, IRS, Medical costs, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
This is the second post in our “Healthcare Mini Series”. When it comes to tax planning around your healthcare, a health savings account or HSA is going to be a key part you’ll want to consider. What Is a Health Savings Account (HSA)? An HSA is...
by Mike Jesowshek, CPA | Oct 13, 2021 | Accounting, Banking, IRS, Operations, Payroll, Taxes
This is the first post in our “Healthcare Mini Series”. We wanted to take the time to dive into some strategies around healthcare and that is what we will be doing the next couple of weeks. When you are self-employed your health insurance premiums for you...
