Sunday, April 1, 2012

COMPANY PAID HEALTH INSURANCE

Q:I am the owner of a business and I am going to start paying health insurance for my employees.Does it make a difference who's name the policy is under?

A:You did not tell me what form of business you are using.
 Here is the chart:
  • Sole Proprietorship = Individuals name
  • Single Member LLC = Individuals name
  • Partnership = Partner or company
  • LLC = Partner or company
  • One worker S corporation = Shareholder of company
  • Two or more worker S Corporation = Company
  • C corporation = Company