business expenditure

Can I Deduct Cobra Payments As Self Employed Health Insurance?

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Can I Deduct Cobra Payments As Self Employed Health Insurance? COBRA premiums are not deductible if you’re self-employed because the IRS requires that the insurance plan is under the business name of the employer providing you with the coverage. If you’re self-employed, this cannot be your own business. Is COBRA a deductible medical expense? Are

Can An Owner Of An Llc Purchase Group Health Insurance?

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Can An Owner Of An Llc Purchase Group Health Insurance? LLC filing as a sole proprietor – If you’re a single-member LLC, taxed as a sole proprietor, you personally won’t qualify for a group health insurance plan through your company. However, you can still purchase a policy on your own. Which of the following is