Captive Insurance Plans For Small Business

The Internal Revenue Service has announced a settlement program for taxpayers who participated in abusive programs. Captive insurance is making headlines. Federal regulators have been investigating these arrangements. They claim that some taxpayers incorrectly claimed tax benefits, without properly setting up a bonafide captive-insurance program. Captive insurance arrangements can provide valuable tax benefits if they are properly established for […]

Are Health Insurance Premiums Tax Deductible For S Corp?

When you are an S corporation, you may be wondering if health insurance premiums are tax deductible. The answer is yes, but there are some limitations. Here is a look at the basics of how this works. First, let’s take a look at what health insurance is. Health insurance is coverage that provides for medical […]

How Is Mercury Insurance?

Mercury Insurance is a company that provides insurance for small businesses. What does that mean for you? It means that Mercury Insurance can provide you with the coverage you need to protect your business from potential liabilities. In this blog post, we will explore what Mercury Insurance can do for small businesses and help you […]