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TAX BREAKS

Can S Corporations Deduct Employee Medical Expenses?

By The BIDaWIZ Team on February 7th, 2014 at 5:16 pm

Many S Corporations pay for employee medical expenses. This may be for employees that are also shareholders. The tax guidelines for deducting such expenses will depend on whether the medical expenses are for employees that are shareholders owing more or less than 2% of the company. .
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