Article Date:
December 2013


Word Count:
1123

 

 

Creating Year-End Medical and Retirement Plan Tax Deductions


In this article, you will find four medical and two retirement tax-planning strategies for 2013:

 

1.

Reimburse your 2013 Section 105 (HRA) medical expenses now.

2.

Revise your Section 105 plan to comply with the new 2014 law.

3.

Ensure your S corporation health insurance deduction.

4.

Claim the tax credit for the health insurance you give your employees.

5.

Get your 2013 retirement plan deduction set up.

6.

Convert to a Roth IRA.

 

1. Reimburse 105 Expenses Now

 

If you previously put your husband-and-wife Section 105 medical reimbursement plan in place, make sure that the reimbursements take place before midnight on December 31 to qualify the medical reimbursements as business deductions this year.

 

2. Modify Your 105 Plan for 2014

 

For tax years beginning in 2014, you ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee

Bradford Tax Institute

 
Subscription Services
4040 Civic Center Drive, Ste. 200
San Rafael, CA 94903
Telephone: (415) 446-4340

contactus@bradfordtaxinstitute.com
 
Editorial
1701 Pennsylvania Avenue, N.W., Suite 300
Washington, DC 20006
Telephone (202) 652-2293
Fax (202) 580-6559
contactus@bradfordtaxinstitute.com
 
© 2025 Bradford Tax Institute