Self Employed – The Cost Advantage of Having a Health Insurance Plan

Cost Advantage of Having a Health Insurance Plan

As a Self Employed person, you have an added advantage when purchasing an Individual Health Insurance plan. Your premiums will be tax deductible as a business expense. And that means that you will save a huge amount on health and dentals bills. For Example: What it costs with No Health … Continue reading

3 TAX TIME TIPS – Health & Group Insurance

3 Tax Time Tips

 TAX TIME TIPS The personal income tax return deadline of April 30 is fast approaching    so here are 3 handy tips to help you save on your income taxes. TAX TIP # 1 – If you are Self Employed – Individual Health Plan – Deduct Your Health & Dental Premiums as a Business … Continue reading

…New Lifetime Capital Gains Exemption……..an increase in the max amount……

$800,000 Capital Gains calculator

Part of doing an evaluation of life insurance needs is looking at your tax situation in the event of death. A big part of tax liability can be the result of owning shares in a privately held, incorporated business.  The business for which you worked hard, took risks and where … Continue reading