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How to Write Off Medical Expenses with a Health Reimbursement Arrangement (HRA)
Here’s a powerful reason to consider putting your spouse on payroll — the Health Reimbursement Arrangement (HRA). In a typical S-Corporation, you can write off health insurance premiums, but not medical expenses like co-pays, deductibles, dental, vision, or chiropractic care. However, with an HRA, you can. Here’s how it works: If your ...
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