Article Date:
November 2023

Word Count:



2023 Last-Minute Year-End Medical Plan Strategies

All small-business owners with one to 49 employees should have a medical plan for their business.


As you likely know, when you have 49 or fewer employees, the tax law does not require you to have a medical plan for employees, but you should.


Most of the tax rules that apply to medical plans are straightforward when you have fewer than 50 employees.


And then, when you have your spouse as your only employee in a proprietorship, there’s that great rule that enables the 105-HRA family medical plan that’s exempt from the Affordable Care Act.


Take a few minutes to review the six medical plan strategies in this article. You could find some big money sitting on the table waiting for you.


Big Picture


Here are the six opportunities we will explain in this article:



Amend your 2020 and 2021 tax returns to claim for yourself and your employees the federal tax credits equal to 100 percent of required (2020) and voluntary (2021) emergency sick leave and emergency family leave payments.


Reimburse your 2023 Section ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


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