As a small business owner I don't have any insurance coverage so I have purchased life and disability coverage for myself (I have no employees). Am I able to write off the annual premiums I've paid for these insurances?
This is not a deductible business expense. Presumably your beneficiaries are family members, which makes it personal.
This is not a deductible business expense. Presumably your beneficiaries are family members, which makes it personal.
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