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Article Date:
February 2008

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Good News for 105 Plans

Court Allows Deductions for Insurance in Owner’s Name


Since January 25, 2001, IRS has instructed lawyers and field force business owner who covers his or her spouse with 105 medical plan not deduct cost of any medical insurance purchased in owner’s name plan expense.1 we reported on page 4 of August 2003 issue of Tax Reduction Letter (vol. 12. no. 8), we did not think ... Log in to view full article.

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