If you, or you and your spouse, own more than one business and you want a Section 105 medical reimbursement plan in one of the businesses, there’s a tax law rule that you need to know.
We will use two questions and two answers to help clarify this rule.
Question 1
I operate my business as a sole proprietorship, and I have seven employees. My husband operates his business as a C corporation, and he has no employees other than himself.
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