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)....
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...
“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...
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...
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...