Align your employee benefits with smart tax planning

Most benefits consultants miss the tax implications that can cost your business thousands. As licensed insurance professionals and tax experts, we design benefits packages that work with your tax strategy—not against it.

Ready to explore smarter benefits? Schedule your free 20-minute consultation today.

Why tax-smart benefits matter

Traditional insurance agents focus on premiums and coverage. We focus on how it impacts the full financial picture of your business. Every benefits decision affects your taxes—from ACA compliance and payroll withholding to HSA contributions and business deductions. The result? High-quality benefits that reduce your total cost while keeping employees happy.

For self-employed professionals

Marketplace navigation: Accurate income projections to avoid surprise tax bills
Deduction optimization: Maximize your self-employed health insurance deduction
Life insurance planning: Coverage that aligns with your financial goals
Other benefits options: HSAs, disability insurance and more

For businesses

Group health insurance: Traditional plans with smart tax positioning
ICHRA programs: Flexible allowances for diverse teams
QSEHRA solutions: Budget-friendly options for smaller employers
Voluntary benefits: Life, disability, and wellness programs that employees value

My goal is to help bridge the gap between what’s reported on the tax return and what’s reported for healthcare, so clients don’t fall into the common pitfalls we see at tax time—such as unexpectedly having to repay money to the government. - Ian Waldman, Founder, Waldman Accounting

How we're different

Integrated planning

Your benefits strategy connects directly to your financial plan. No more conflicting advice from multiple advisors.

ACA expertise

We prevent costly compliance mistakes and subsidy repayment surprises that catch most small businesses off guard.

Ongoing support

Life changes, renewals, new hires—we handle the administrative details so you can focus on running your business.

Talk to our experts about your tax preparation and filing needs

Talk to our experts

954-347-9647

Email

info@waldmanaccounting.com

Address

Ft. Lauderdale, Florida

What to expect

1. Discovery & planning

We analyze your workforce, budget, and business goals to recommend the most cost-effective approach.

2. Implementation

Clear communication, seamless enrollment, and proper payroll integration – for individuals and employees.

3. Ongoing management

Compliance monitoring, renewal support, and adjustments for business changes.

Ready to get started?

Schedule a free, 20-minute consultation. We will:

Review your current benefits situation and budget
Identify potential tax savings you’re missing
Recommend the best path forward for your business
Answer your questions about costs and implementation

The latest from our Knowledge Base

View all

Tax law changes ahead: Waldman Accounting’s take on the One Big Beautiful Bill Act

Tax deadlines every business owner needs to know (2025)

Take control with mid-year tax planning

Frequently Asked Questions about small business benefits

Do I need a minimum number of employees to offer health insurance benefits?

You can provide benefits to just one common-law employee. However, certain tax credits and specialized programs have specific participation thresholds (such as SHOP Marketplace and the Small Business Health Care Tax Credit). We’ll determine exactly what applies to your unique situation.

What's the practical difference between group health, ICHRA, and QSEHRA?

Group Health Insurance: Single plan covering the entire team with employer-determined percentage contributions
ICHRA: Employer establishes monthly allowances while employees select individual plans that meet their specific needs; highly flexible with customizable employee classifications
QSEHRA: Simplified allowance system for small employers (fewer than 50 FTEs) who don’t offer traditional group coverage

Can business owners deduct their own health insurance premiums?

Often yes, but the rules vary significantly by business entity type. S Corporation 2% shareholders require specific W-2 reporting procedures to potentially claim premium deductions. We ensure proper setup and ongoing compliance.

What should I do if my income changes during the year?

Update your Healthcare.gov Marketplace application immediately to maintain accurate premium tax credit calculations and avoid substantial repayment obligations during tax filing season.

Do employee benefits actually improve retention rates?

Absolutely. Industry research consistently shows that employees rank health insurance among their most valued benefits. Strategic benefits design can significantly boost employee satisfaction and loyalty without exceeding your budget.

Disclaimer: This information is for educational purposes and isn’t tax, legal, or insurance advice. Individual results depend on specific circumstances and current law. Always consult with licensed professionals for your situation.