Can an S corporation owner deduct health insurance premiums?

Starting or buying a business? Learn how startup costs, pre opening expenses, investigatory costs, and acquisition costs can receive different tax treatment.

Learn when a partner may deduct business expenses paid personally, why the partnership agreement matters, and what records the IRS expects.

Supporting a charity can be good for your community and your business. But writing the check from the company account does not automatically create a business deduction. Learn when a charitable payment may qualify as advertising or promotion, and what documentation you need before claiming it.

Business owners may be able to deduct reasonable compensation paid to a child for legitimate work. Before making the payment, consider worker classification, payroll and reporting requirements, documentation, entity type, and the opportunity to fund an IRA.

The rules for business meals changed again in 2026. Client meals may still qualify for a 50 percent deduction, but many employer provided meals and office snacks are no longer deductible.

The Augusta Rule can create a valuable tax result when an eligible business rents an owner's home for a legitimate purpose. The opportunity is real, but so are the documentation requirements.

If your business pays a large lump-sum commission to terminate a salesperson or vendor, the tax treatment matters. In many cases, you can deduct the full payment in the year you pay it rather than spreading the deduction over many years.

The Section 318 attribution rules can treat you as owning business interests you never purchased, simply because of family relationships, entity ownership, or even stock options. When that happens, your tax results can change dramatically.

Routing personal commissions through an S corporation to reduce self-employment tax doesn't work

You may give a much more expensive basket if you choose, but you can deduct only the first $25.

Do you own a business organized as a pass-through entity (PTE)—such as a partnership, a limited partnership, an S corporation, or a multimember LLC taxed as a partnership or an S corporation? If so, you face an important tax decision.

If you operate multiple corporations, you might assume each one entitles you to its own set of tax benefits—separate Section 179 limits, additional credits, or even expanded retirement plan flexibility.