I want to share one of my favorite TAX savings finds, and it could save you tons of personal money on health insurance too!

I couldn’t believe it when a friend of mine told me about this thing called the IRS Code Section 105 Medical Reimbursement Plan for Small Business Owners.

This provision of the tax code allows small business owners who employ their spouse (although for corporations family employment is not required) to deduct 100% of their family health insurance premium and medical, dental and health expenses. out-of-pocket view that are not covered by your insurance. . WOW.

When I asked my accountant (who is supposed to be helping with tax planning) if this was real, she said yes, she had heard about it…

I thought my head was going to explode.

This plan was actually created in 1986 to help farmers, but has been expanded to cover all small businesses. There are over 50,000 small businesses in a plan like this and the average annual tax savings is about $2,450.

Last year I personally saved thousands on our tax bill Y I was reimbursed for all medical expenses.

Want another fun saving idea? Well here it is…

Do you have suppliers that you pay in cash or COD? Instead,


Pay it off at the end of each month and you’ll essentially earn NET/30 terms while racking up miles for your next vacation or trade show trip.

Phew! That’s a lot of savings ideas for you today…and look out for more to come. I look forward to increasing your bottom line until it’s nice and plump.