2010 Tax Break For Self Employed Health Insurance
More Self Employment Tax Breaks For Small Business Health Insurance
Health Reform and Small Business
Just when it looked like all of the health reform changes were not doing much to help most small businesses owners, it seems like we may have missed something which can make a large impact on our total tax bills. Since 2003, self employed people could deduct health insurance premiums from their taxes. This only seems fair since employees with group plans did not have to pay taxes on company contributions and large employers certainly got a tax break. But was it fair enough?
Categories: Health Insurance Tags: health reform, self employed, Small Business
Business Owners Policies for Small Business
Understand Business Owner Policies (BOP)
It is actually easy to understand business owners policies (BOP). Compare them to personal homeowners insurance policies. A home policy covers property, buildings, and liability. It actually packages different types of coverage into one policy, and only one premium must be paid every month.
You can tailor a BOP to your own unique business needs too. Compare that to the way you can adjust limits on a home policy to make sure you have enough coverage for personal property.
Insurers market different packages, and they can be custom made for some businesses, but there are some typical packages.
Categories: Business Insurance Tags: BOP, Business Insurance, Business Owners Policy, Small Business
