Sunday, February 28, 2016

ADVANCE TAX RELIEF LLC - LIFE INSURANCE - SMALL BUSINESS OWNER- DEDUCTIONS (800-790-8574)



Premiums for group term life insurance paid by an employer on behalf of employees are deductible, but only if the employer is not a beneficiary. If coverage exceeds $50,000, the premiums must be included in the employees compensation as additional wages, subject to payroll taxes.

Self-employed individuals cannot deduct the cost of life insurance on themselves.

We specialize in helping taxpayers claim the right deduction







ADVANCE TAX RELIEF LLC 
BBB Accredited Business - As Seen on TV!
Have tax problems? Call (800)790-8574
Testimonial: 
"My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful" - Shirley W, Tampa FL.
Connect with us: 


ADVANCE TAX RELIEF is not a Traditional CPA or Law Firm.
 We are a Professional Tax Organization. 

No comments:

Post a Comment