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S Corporation Compensation and Medical Insurance Issues

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-compensation-and-medical-insurance-issues
    A 2-percent shareholder-employee is eligible for an above-the-line deduction in arriving at Adjusted Gross Income (AGI) for amounts paid during the year for medical care premiums if the medical care coverage was established by the S corporation and …

S Corporation Employees, Shareholders and Corporate …

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
    The definition of an employee for FICA (Federal Insurance Contributions Act), FUTA (Federal Unemployment Tax Act) and federal income tax withholding under the …

Fringe Benefits, Rules for 2% S Corp …

    https://www.troutcpa.com/blog/common-fringe-benefits-rules-for-2-s-corp-shareholders-and-changes-under-the-cares-act
    Short-term and long-term disability premiums: For 2% shareholders of an S corporation, employer …

Deduct Medical Expenses in Your S-Corp | ClearPath …

    https://myclearpathadvisors.com/corporations/deduct-medical-expenses-in-your-s-corp/
    This is an expense to the business which brings down the taxable income for the company. The payroll that is issued is not subject to Social Security and Medicare tax …



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