Health Insurance Deductibility for Self-Employed Individuals

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Excerpt from Health Insurance Deductibility for Self-Employed Individuals: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Fourth Congress, First Session, Washington, DC, January 20, 1995My wife, who has been an employee of my firm for a long time, is now the primary insured on my policy. In 1995 I will be able to take 100 percent deduction, but in 1994 I was not in a position to do this. I have also been encouraged to incorporate my business by my attorney. By electing the S corporation status I will lose the 100 percent deduction that I am positioning myself to take in 1995.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.