S-Corp Owner Health Insurance Tax Strategy - Boris Musheyev, Tax Advisor

Boris Musheyev, CPA
Boris Musheyev, CPA
12,197
0
Published 2023-07-12
In today's video, we're going to dive into an insightful tax strategy S-Corp Owner Health Insurance Tax Strategy. Discover how to make the most of your health insurance premiums to optimize your tax deductions.

As an S-Corporation owner, you know that understanding tax nuances can be a game-changer for your financial success. But, with the often complex world of tax regulations, where do you start? That's where this guide comes in. Join us as we unfold an effective tax strategy focused solely on health insurance for S-Corporation owners.

Throughout the video, we unravel how you can leverage health insurance premiums to reduce your tax burden. From understanding the relationship between S-Corporations and health insurance to employing savvy tax strategies, we're covering it all! This is the kind of content that every S-Corporation owner and tax advisor should not miss.

Stay ahead of the curve and harness the power of strategic tax planning. Use this knowledge to ensure you're not leaving any potential deductions on the table.

Remember, it's not just about earning more, it's about retaining more of what you earn. And, with the right tax strategy in hand, you'll be well-equipped to do just that.

So, if you're an S-Corporation owner, tax advisor, or just curious about smart tax strategies, be sure to tune in!

🆓 Download FREE PDF: 7 Write Offs Every S-Corporation Business Owner MUST Know bit.ly/3DPw5UZ

☎️ Schedule your FREE Tax Advisory Session - www.TaxPlanningCall.com/

➡️If you make $10 Million or more in your business; Schedule your call here: ☎️ bit.ly/over10million

🤩 If you are looking for a really easy to use payroll software, I personally use and recommend to my clients Gusto Payroll Software - gusto.com/r/boris466
P.S. When you sign up for Gusto, you get a $100 visa gift card 🤑

Recommended Videos:

Business Owner Pays Tax On S-Corporation Distribution -    • Business Owner Pays Tax On S-Corporat...  
Watch this video to learn how to NOT pay taxes on your distributions from S-Corporation.

Pass-Through Entity Taxation -    • Pass Through Entity Tax Will Save You  
I urge every business owner to know about this TAX. These taxes will ACTUALLY help you pay less in taxes.

Home Office Tax Deduction -    • Never Explained BEFORE Home Office Ta...  
In this VIDEO I break down how you IRS allows you to use your home office EVEN if you already have another work location.

Tracey, our Tax Advisory Client Saved over $49,000 on taxes in 2022. -    • OVER $49,000 SAVED WITH S Corporation...  
In this video I break down exact strategies we use for our clients to pay less in taxes.

*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your own attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience on
All Comments (21)
  • @borismusheyevcpa
    Hey Everyone, Boris here. Check out some resources here (expand to see more): 🆓 Download FREE PDF: 7 Write Offs Every S-Corporation Business Owner MUST Know bit.ly/3DPw5UZ ☎ Schedule your FREE Tax Advisory Session - www.taxplanningcall.com/ Also, I put together some recommended videos. I strongly recommend every business owner to watch this. Just watching these alone will help you save money on taxes, RIGHT AWAY. And please, do your self a favor, get a Tax Advisor! ➡ Business Owner Pays Tax On S-Corpporation Distribution - https://youtu.be/TwvBjCWeelw Watch this video to learn how to NOT pay taxes on your distributions from S-Corporation. ➡ Pass-Through Entity Taxation - https://youtu.be/4mZ72rGRw2s I urge every business owner to know about this TAX. These taxes will ACTUALLY help you pay less in taxes. ➡ Home Office Tax Deduction - https://youtu.be/imdrzX8fooY In this VIDEO, I break down how the IRS allows you to use your home office EVEN if you already have another work location. ➡ Tracey, our Tax Advisory Client, Saved over $49,000 on taxes in 2022. - https://youtu.be/aAgK40Yqsws In this video, I break down the exact strategies we use for our clients to pay less in taxes
  • @AndyK-xl3sq
    Boris this point is invaluable and will save me thousands of dollars a year in taxes going forward.
  • @rav227
    I am new to the S Corp world and your videos are amazing. I recommend your videos to anyone interested in understanding S Corps.
  • @jonahtagle7770
    Hi Borris, I learned a lot from you. APpreciate your video content. Thank you
  • @lunamorris2091
    I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.
  • @AbdulazizAlAzmi-pu7ns
    Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.
  • @marketingworks-io
    Thank you for creating this video! It's a helpful distillation. Disappointing to see that if a spouse has a W2 insurance, it would not be eligible for the strategy.
  • @kennethsmith6945
    Great advice and explanation. I have been in business over 30 years. Not a single Accountant, which have been more than a few, ever mentioned this to me. I don't even want to think about the amount of taxes I've overpaid.