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Can an employer receive a tax deduction for the premiums paid to provide employees and their spouses and dependents with qualified long-term care insurance?

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Can an employer receive a tax deduction for the premiums paid to provide employees and their spouses and dependents with qualified long-term care insurance?

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A. A Subchapter C Corporation is entitled to take a 100 percent deduction as a business expense on the total premium paid. Different rules apply to a Limited Liability Company and a partnership, however. In such cases, seek legal or tax assistance from an expert, as the complexities are many.

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