November 21, 2011
Greater than 2% Shareholders need to be sure their Accident and Health Insurance is correctly reported.
We find that the most missed deduction for S corporations is the failure to include health insurance paid in the W-2 of more than 2% S corporation shareholders. Don't miss this!!!!!
Click on the link below for a PDF file of the information you need to provide to your payroll department or service. Please don't fail to do this!