Tax Professionals Find Success Partnering with BASE® To Offer HRA

Online, December 14, 2010 (Newswire.com) - Health insurance premiums and out-of-pocket expenses continue to be a tremendous burden for many small business owners. For that reason, thousands of tax advisors are looking to help ease that burden by offering their clients a little known tax savings through the BASE® HRA.

Administered by Benefit Administration for the Self-Employed™ (BASE®), the BASE® Health Reimbursement Arrangement (HRA) allows qualified small business owners to go beyond the standard self-employment deduction to deduct up to 100% of their health insurance premiums and out-of-pocket medical expenses from a federal, state, and self-employment tax standpoint. The result - an average of over $3,800 in tax savings per year!

Through the BASE® Business Partner program, BASE® has worked closely with tax advisors across the country to offer this tax saving program to qualified small business owners. As Business Partners, they can offer the BASE® HRA to their clients at a reduced cost of $194 per year as well as receive the support and documentation necessary to properly implement the BASE® HRA for their clients. As an added benefit, Business Partners and their clients receive toll-free technical support from BASE®'s team of qualified Benefit Specialists as well as online tools.

As January quickly approaches, now is the best time for tax advisors to partner with BASE® to offer this tax saving program to their clients. While small business owners can enroll in the BASE® HRA at any time during the year, beginning the plan in January ensures that a full calendar year of qualified medical expenses may be deducted.

If you would like to learn more about the BASE® HRA and becoming a BASE® Business Partner, please contact a BASE® Benefit Specialist at 1-888-386-9680 or visit our web site at http://www.baseonline.com.