Four Ways to Write Off Health-Care Expenses
Accountant Mark Kohler discusses four options for taking advantage of this write-off.
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Wondering how you can write off health-care costs as a small-business owner? Accountant Mark Kohler explains four basic options:
1. Itemized deductions
2. Flexible spending account
3. Health savings account (HSA)
4. Health reimbursement arrangement (HRA)
Related: How a Health Savings Plan Can be a Smart Tax Strategy