A.C.A. Wellness Tax Reduction
A federally incentivized program that delivers substantial tax savings to the employer and supplemental benefits to employees, at no out-of-pocket cost to either.
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Covenant Tax Reduction Strategies
Reduce your tax liability today.
Solutions to reduce tax liability on several levels, with strategies that usually go beyond what an average CPA firm can provide.
Prefer to talk? (423) 220-6399
11
Years of Experience
22
Team Members
1,300
Satisfied Clients
7
Tax Reduction Strategies
Who We Serve
Every type of organization can save
No matter your organizational structure, you have a valuable opportunity to leverage our extensive array of tax reduction strategies. Our offerings are designed for the unique needs and circumstances of each organization type.
Select any individual strategy that fits your needs, or take advantage of our complete suite of solutions to fully optimize your tax savings. With our expertise, you can navigate complex tax regulations and strengthen your financial position.
- 501(c)(3) nonprofit organizations
- 501(c)(6) trade associations
- Local, county & state government entities
- Private corporations
- Publicly traded companies
Our Services
Tax reduction strategies that work together
Use one strategy or combine them. Whether you have 10 employees or thousands, we can provide all available strategies to lower your tax liability.
R&D Tax Credit
For businesses that design, develop or improve products, processes or software, especially in physical science, biology, computer science or engineering.
Learn moreFederal & State Tax Reduction & Planning
We analyze your current tax structure and, if it isn't built to minimize tax liability, design one that uses the credits and benefits you're missing.
Learn moreCaptive Insurance
Owners who need P&C coverage can become part owner of an insurance company instead of sending premiums to third-party commercial carriers.
Learn moreInfinite Banking
A process by which an individual becomes his or her own banker. The infinite banking concept was created by Nelson Nash.
Learn moreLong-Term Capital Gains Deferral
With the correct business restructuring using an Investment Grade Insurance Contract (IGIC), long-term capital gains can be deferred for up to 20 years.
Learn moreConsulting
Additional tax credit and incentive consulting based on your business model, including Empowerment Zone and other available credits.
Learn moreNot sure where to start?
Tell us about your organization and we'll show you which strategies apply and what you could save.
Request a quoteFeatured Program
A.C.A. Wellness Tax Reduction
On January 1, 2014, the Affordable Care Act (A.C.A.) incentivized wellness programs and made wellness a non-taxable reimbursement under Sec. 105.11 through the SMERP law. It also improves employee wellness and reduces insurance premiums and claims.
Wellness Tax Reduction is an A.C.A.-compliant, pre-tax 125 plan via 105.11/106, indemnified under 213(d). It provides employee wellness and supplemental benefits at no cost to the employer or employee, and a Federal FICA tax savings that reduces the employer's FICA taxes on their 941s.
How the program works$700
average FICA savings per employee, per year, for the employer
$466
average yearly co-pay savings for each employee
$125
average monthly Federal tax savings per employee, which increases the employee's net pay
$0
out-of-pocket cost to the employer or employee
Where does the money come from?
It's all tax-driven
Participation in the program triggers a federal tax reduction. Because FICA taxes are reciprocal, the employer saves an average of $700 per year, per employee.
Employees participating
100
Average FICA savings
$700
Average yearly savings
$70,000
We monitor and track all the details, so no employer involvement is needed. Attentive Health & Wellness fully monitors and implements the program.
- Helps employers recoup money on monthly MEC or major medical plan costs
- Lowers group health insurance rates and claims
- Gives employees an annuity savings account, life, LTC and terminal-illness benefits
- Pre-tax savings put employer and employee in lower tax brackets
- 24/7 board certified physicians and a $0 co-pay telehealth program
- Over a 1,000 formulary drugs with $0 co-pay
Request a Quote
Find out what you could save
Tell us about your organization and the strategies you're interested in. We'll review your situation and get back to you.
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(423) 220-6399
(423) 220-6399