This episode discusses what types of small business owners can qualify for and what healthcare expenses you may need to start tracking for reimbursement.
The “HRA” is a Health Reimbursement Account under IRS section 105. It is a way for small self-employed business owners to take 100% of their family’s medical expenses,
At a high level, what qualifies?
-Health Insurance
-Other supplemental insurance
-Medicare expenses
-Dental
-Vision Insurance
-Out-of-Pocket Expenses
-Term Life Expenses up to $50k
-Long-Term Care Insurance premiums
-Misc to include cold remedies, aspirin, etc.
Todd frequently speaks with these associations to discuss the benefits of this account.
· NATP ( National Association of Tax Professionals)
· NSA (National Society of Accountants)
· NSTP (National Association of Tax Professionals)
· NAEA (National Association of Enrolled Agents)
· NCPE (National Continuing Professional Education)
· Western CPE
· NAIFA(National Association of Independent Financial Advisors)
· Back to Basics Tax Seminars
· Gear Up tax – Checkpoint learning Thompson Reuters
· Spidell – Caltax
· Arizona Society of CPA’s
· LAT Seminars
Contact information to book your consultation with Todd:
Direct Line: 608-268-8875
Cell:602-690-3175
[email protected]
https://microbusiness.as.me/ToddKuehn
For the 2021 Year End Reports and EVERYTHING you need for AgriPlan and BizPlan HRA:
https://www.tasconline.com/AgriPlan-BizPlan_upgrade
Check out our website at http:\www.tasconline.com
TASC COVID-19 resource pages. Keeping our customers and partners up-to-date:
TASC Responds Website: www.tascresponds.com
TASC Capital Connection Blog: TASC Capital Connection
