105 Concepts   The Individual HRA A benefit plan for sole-proprietors For years larger companies have utilized employee benefit plans to save tax dollars. Employee benefit plans currently save these companies millions of dollars in taxes each year. In 1954 the Federal Government made it possible for sole proprietors to implement their own employee benefit plans. Now YOU can create your own employee benefit plan using the Individual HRA. YOU become the administrator. YOU save thousands in tax dollars. Employee Benefit Plan With your customized benefit plan you can offer the following tax deductions* Medical Co-pays Prescription Drug Co-pays Dental Expenses Vision Expenses Long Term Care Insurance Premiums* Sickness/Accident Insurance Premiums 100% of Health Insurance Premiums $50,000 of Term Life Insurance* *Federal Limitations Apply *Discrimination Rules May Vary Setting Up Your Plan As your tax preparer: I will prepare the documentation Plan document Summary Plan description Assistance with Employer/Employee Agreement I will review your medical expenses at the end of the year, and provide you with online plan documentation.   Creating Your Employee Benefit Plan in 5 Easy Steps Step 1 - Create your employer/employee relationship Step 2 - Complete necessary tax forms Step 3 - Pay spouse/employee a monthly salary Step 4 - Reimburse medical expenses monthly Step 5 - Send in annual reimbursement summary *Click on the links below to get started: www.mypaclogin.com  www.105concepts.com/TaxCalc.php