Kiplinger Washington Letter

"Self-employeds can deduct 100% of health care expenses as a business expense instead of 30% by employing their spouses and providing family coverage for employees.That way, the self employeds' medical expenses are covered by the company plan...a large tax saver for small employers. IRS says such arrangements are allowed under section 105 of the tax code."

Source:
As quoted in the June 28, 1996 Kiplinger Washington Letter
(Vol.73,No.26)

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