Foggy, convoluted, complicated, unclear, huge burden,
confusion are all words that have been used to describe the current state of
health care and new laws. Then when you talk about the cost and when it
will actually be considered affordable, at this point there are a lot more
opinions rather than factual information.
However, as small business owners living in the moment of
running a day to day operation, you don’t have time to wait for things to be
more affordable. This comes to mind considering another tax season has
come and gone.
Each year as the income tax deadline comes and goes,
small business owners find themselves realizing that they could have done more
to save additional tax dollars if they would have just been a little more
prepared. We see it here at BASE® all of the time – the business
owner learns about the BASE® HRA after they have already completed their taxes.
A BASE® HRA allows small business owners to take
advantage of an average of $4,000 in additional tax savings each year with just
a few additional steps. The best part is that it is very simple to
implement this type of plan and isn’t at all as confusing as health care
I think many are familiar with the comedy routine “Who’s
on First?”, which I think is safe to say is how we can equate the feeling many
small business owners have about all the current changes in how business owners
must handle their health care spending these days.
The BASE® HRA is one very simple way you can start making
your health care more affordable today! This type of plan has been around
since 1954 allowing business owners to deduct medical expenses as a business
and has continually proven to save the microbusiness owner thousands in tax
savings each and every year. Contact a BASE® Benefit Specialist today to
BASE® - Director of Marketing & Communications