Hiring a spouse could add a healthy deduction

Article Abstract:

This article concerns the tax planning technique where self-employed persons may gain expense deductions under IRC section 162 for the cost of health insurance on their spouses by hiring those spouses as employees in their businesses.

Public Finance Activities, Tax Deductions & Exemptions, Planning, Expense deductions, Health insurance, Husband and wife, Husband-wife relations, Tax deductions

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IRS harvests self-employment tax on farm lease-type payments

Article Abstract:

The author discuss court decisions characterizing Conservation Reserve Program Payments as self-employment income and the impact of these decisions on farmers' social security benefits.

Leases, Social security, Farmers, Social security law

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Use audit guide to structure advances as tax-free loans

Article Abstract:

The authors discuss the IRS market segment tax auditing guide and its use in the structuring of tax-free loans to stockholders.

Stockholders, Literature, Tax exemption, Tax exemptions, Tax auditing, Tax audits, Loans

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