Health Care Tax Strategies for Small Business Owners

stethoscope resting on some 100 bills and 20 dollars

Small-business owners have more options to save on healthcare and insurance costs than any other group of Americans! It simply takes a little bit of research and consulting with professionals to create the perfect plan for you.

Should I put My Spouse on Payroll?

couple walking holding hands towards the beach

Now although there are reasons not to put your spouse on payroll, I would argue there are two (2) GOOD REASONS to put a spouse on payroll before year-end. Both of these strategies create great excellent tax deductions and good use of money

The Power of the Health Savings Account (“HSA”)

family talking with a nice female doctor

The Health Savings Account is one of the most powerful pieces of a well designed health care strategy. It includes saving money, saving taxes, building a tax-free ‘bucket’ for health care and most importantly taking control of your own health care strategy.