Category Archives: General

How S-Corp Owners Can Deduct Health Insurance Expenses in 2021

Ever since 2008, people who own more than a 2 percent share in an S-corporation in Round Rock, TX have been allowed to purchase individual health insurance under their name and then get reimbursed by that corporation. The premiums for these insurance policies were included on the W2 for the shareholder, and the shareholder would […]

Read More

How to Deduct Home Office and Vehicle Expenses

Most people these days take the standard deduction on their taxes. This tends to be the most financially sensible option since the size of the standard deduction doubled for the 2018 tax year. However, for those who still itemize their taxes, two of the most common deductions are the vehicle and home office deductions. Here’s […]

Read More