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Main Street Business

124: Year-end Health Care Enrollment and Tax Strategies

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 14 December 2016

⏱️ 52 minutes

🧾️ Download transcript

Summary

It's now the Open Enrollment period for Health Insurance and there are a host of health care tax strategies to be aware of for 2017. Do you have questions about which health care plan is best for you? Are you considering a Health Savings Account (HSA) or Health Reimbursement Arrangment (HRA)? What is Donald Trump and the new Congress going to do about Obamacare? Join Mat and Mark as they break down the different options available to you. This is a show you won't want to miss! http://www.refre...

Transcript

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0:00.0

Broadcasting worldwide on Internet Radio.

0:07.0

Refreshing takes on legal strategies.

0:10.0

Straightforward answers to difficult tax questions.

0:13.0

Independent ideas on building wealth.

0:15.0

It's the Refresh Your Wealth Show with Mark Kohler and Matt Sorenson.

0:19.0

Get your free copy of Mark and Matt's ebooks and sign up for their weekly free newsletter

0:24.4

with important tax deadlines and articles at refreshyourwealth.com.

0:28.7

Now, here's Mark and Matt.

0:31.5

Thank you. Welcome, everyone to the refresh your wealth show with Matt

0:48.7

Sorenson and Mark Kohler excited to be with you today.

0:52.2

You know, it's the season of giving this time of year. It's maybe you're out shopping. You're doing all these great things. You're spending time with your family, maybe a little traveling. I really love this time of year. And let's not forget, it's also a season to be shopping. The family fighting? No, no, no. Sorry, I thought you could bring it the family fights. But. But anyway, go ahead. Sorry. Health care, Mark. Oh, health care. Oh, health care. You're shopping for health insurance right now. Like, of all the things you want to be doing this time of year, our government created this new health care reform system where we shop for insurance in December. That makes a lot of sense, right? I like it. You were talking about all the good things on the holidays. I'm like, you weren't bringing up all the bickering and fighting and trying to pay family games. No, I love my family. I'm not saying that. But all of you out there relate to that. You know, you're in close quarters, right? You're in close quarters. So intensity can increase. But yeah, no, this show today is about health care. If you've seen the announcement, we're excited to be here. If you're a new listener, this is a tax tip, legal tips, you know, some questions. And then we're into a very powerful topic. This is important before you're in. So shopping for health care. Yeah. Why shop for presents? Shop for insurance. Yeah. Now, there's a lot to say about it, obviously, and we're going to try and avoid the politics of the topic as best we can. We might get tangled up in it. You never know. But really important, this has become one of the major expenses of Americans.

2:20.7

It's something you need to have.

2:22.3

The law forces you to have it.

2:24.2

So you've got to stay tuned to it.

2:26.8

But it's also a great tax planning opportunity if you do it right.

2:31.3

So we want to talk about that.

2:32.8

Make sure you're informed so you can be making the best decisions for your situation.

2:37.0

Okay. Now, Matt, I want to, now this is not my official tax tip, but since it's the holiday season, I'm going to throw out a holiday. This is a bonus, a bonus, a bonus tax tip. That's a bonus. Okay. Okay. Bonus, bonus, right here. Okay. So now, for some may note know we've got several offices for our law and accounting

2:52.3

firm where uh we help clients all over the country from hawai to florida to new hampshire to

2:58.7

southern california all four corners we're there for you uh but we've got a little office in

3:03.9

idaho a little office in utah phoenix california we're around you know but again a little office in Utah, Phoenix, California.

3:11.3

We're around, you know, but again, a little Skype phone call.

...

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