Get Tax Deductions For Small Business Health Insurance Images
Get Tax Deductions For Small Business Health Insurance
Images. Health insurance premiums are often eligible for the tax deduction. By offering ways to potentially lower your taxes.
These deductions reduce the business owner's agi dollar for dollar and can be significantly more advantageous than including their premiums in their itemized deductions.
Health insurance premiums are deductible if you itemize your tax return. As a small business owner, much of the money you put into health insurance benefits can come right back to you in the form of tax incentives. The top 16 small business tax deductions. If you pay for health insurance after taxes are taken out of your paycheck, you might qualify for the medical expense deduction.