Executive Bonus Plans: Tax Deductible Life Insurance Premiums in Section 162

[@lyyang1284]

Can the main chef also the owner of a restaurant, falls in the key employee?

[@Edwardjames_99]

Ly Yang yes they can if you want more information how the owner can do it as well on themselves contact me: [e-mail]

[@frankdamelio1351]

Great interview! I’m hiring a rainmaker and this is a great fit.

[@teresetrepanier6036]

Good to know information

[@tufftractor1913]

I watched it twice and as far as I can tell you fail to explain the difference between just paying the employee directly and a 162 plan. I mean other than the commission you get from selling the insurance