For years this plan has saved substantial tax dollars annually by allowing businesses to deduct 100 Percent for their family health insurance premiums (including Medical, Dental, Optical, Cancer and Long Term Care) and ALL out-of-pocket medical, vision and dental expenses not covered by insurance (deductibles, co-pay, prescription drug costs and more).

This Has Not Changed for AgriplanNOW/BizplanNOW Clients. TASC Has Taken ALL the Necessary Steps to Ensure Compliance with Health Care Reform Changes and Will Continue to do so in the Future for Their Clients.

 To qualify, a business owner must be able to legitimately employ their spouse who becomes an employee in the business (in a corporation the owner is the employee). The business owner provides a reasonable taxable wage and files certain IRS forms and AgriplanNOW/BizplanNOW’s administrative services assist with IRS,DOL and ERISA compliance issues while maintaining a custom- designed benefits plan. With AgriplanNOW/BizplanNOW in place, the IRS Section 105 rules then allow full deduction of health insurance premiums and out-of-pocket medical expenses.