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SVTPerformance's Chain of Restaurants
Road Side Pub
Self employed folks; healthcare?
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<blockquote data-quote="Ohio Snake" data-source="post: 15765954" data-attributes="member: 157862"><p>I have two companies. One is a C corp with less than 10 employees. I do not offer healthcare offer healthcare coverage.</p><p></p><p>i have another company which is a sole proprietorship. Most of my cash flow comes from the sole proprietorship as per government regulations for my industry. My healthcare premiums are deducted as a business expense and I receive compensation for premiums paid..l sold my policy to myself.</p><p></p><p>If I could change from a sole proprietorship to an S Corp, I would in a heart beat to reduce my FICA tax.</p><p></p><p></p><p>Sent from my iPad using Tapatalk</p></blockquote><p></p>
[QUOTE="Ohio Snake, post: 15765954, member: 157862"] I have two companies. One is a C corp with less than 10 employees. I do not offer healthcare offer healthcare coverage. i have another company which is a sole proprietorship. Most of my cash flow comes from the sole proprietorship as per government regulations for my industry. My healthcare premiums are deducted as a business expense and I receive compensation for premiums paid..l sold my policy to myself. If I could change from a sole proprietorship to an S Corp, I would in a heart beat to reduce my FICA tax. Sent from my iPad using Tapatalk [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Self employed folks; healthcare?
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