Salt Lake City, Utah (PRWEB) April 14, 2015 -- Zane Benefits, the leader in individual health insurance reimbursement for small businesses, released a new eBook entitled, “The Small Business Owner’s Guide to Modified Adjusted Gross Income”. According to Zane Benefits, many small business owners are familiar with the term Modified Adjusted Gross Income (MAGI), yet few understand what it is, how to calculate it, and how it affects their small business.
Because the concept of MAGI can be difficult to understand, Zane Benefits outlines in depth in the eBook that MAGI is a representation of your income, as a way to determine eligibility for various federal tax credits (including health insurance premium tax credits and retirement plans).This comprehensive guide illustrates in detail how small business owners can understand and calculate MAGI.
In addition, if you’re one of the thousands of small business owners unable to afford traditional group health insurance, you might be reimbursing your employees for all or a portion of their premiums, or sending them to the Individual Health Insurance Marketplace. If this is the case, it’s important you understand MAGI.
For more information visit: ZaneBenefits.com.
EDITORS NOTE: Rick Lindquist is available for questions from the media through Zane Benefits. Contact Jessica Welker at 435-275-4507 or [email protected]
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About Zane Benefits:
Zane Benefits is the leader in individual health insurance reimbursement for small businesses. Since 2006, Zane Benefits has been on a mission to bring the benefits of individual health insurance to business owners and their employees.
Zane Benefits' software helps businesses reimburse employees for individual health insurance plans for annual savings of 20 to 60 percent compared with traditional employer-provided health insurance. Today, over 20,000 customers use Zane Benefits' software, services, and support to reimburse individual health insurance plans purchased independently of employment. For more information visit ZaneBenefits.com.
Jessica Welker, Zane Benefits, http://www.zanebenefits.com, +1 (435) 275-4507, [email protected]
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