by Phyllis Shelton
For those who have wondered how the long-term care insurance self-employed tax deduction works for owners of S-Corporations, this straightforward explanation clears it up.
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Many employers are deciding it is more cost effective to contribute to the premium for a worksite LTCI plan rather than incurring costs due to caregiver absences and distractions.
Many employers have come to recognize that long-term care insurance can be “productivity insurance.”
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