Article Date:
March 2016
Word Count:
372
Q&A: Affordable Care Act
I have two questions:
Question 1
I have an S corporation with 20 employees. Can the corporation buy an individual insurance policy for the owner and add the cost of those premiums to the owner’s W-2 as taxable income, but exempt that income from FICA and Medicare taxes?
I have to buy an individual policy. New Jersey laws won’t allow me to buy a group plan for one person. ... Log in to view full article.
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