Awesome material. You answered dozens of my questions.

So helpful and clear. Thank you!!!

Can a single member LLC s Corp owner with them being the only employee have a personal health insurance plan that the s Corp pays for that cover's spouse and children? Or must the plan only cover the owner\employee?

This is amazing, how do i reach out to you guys for advice?

Why no contact or info about halon for the s-corp owner? Wonderful video

Hi! Very helpful! However, in my case, the company has employees who contribute 50% towards the insurance, and we treat it as a cafe 125 plan. We gross up the total amount of insurance for s corp owners (2 of them). Is it correct? Do we have to gross up only 50%, and do we have to deduct another 50% as a post deduction from owners? Please let me know how I can reach out to you with questions. I really appreciate any help you can provide.

Good idea. What do you mean by Gross up the payroll?

@vaggeto

3 жыл бұрын

This just means it adds to your gross wages. (But doesn't necessarily need to be added to the line items for FICA eligible wages)