Krumm & Associates
Certified Public Accountants & Consultants

Agri Plan/Biz Plan (SEC.105)

Agriplan/Bizplan is a support and administrative service that allows qualifying sole proprietor farmers and business owners to deduct 100% of:... 

• Health and dental insurance premiums 

• Uninsured medical, dental and vision care expenses 

• Life and disability income insurance premiums for the eligible employee(s) 

Agriplan/Bizplan falls within the scope of a qualified health and welfare benefit plan meeting the compliance regulations of several government agencies including the Department of Labor (DOL), IRS and ERISA. Specifically, the Agriplan/Bizplan system is based, in part, upon Internal Revenue Code sections 105 and 162. 

For assistance in establishing a compliant Agri/Biz Plan, contact Krumm & Associates CPA's & Consultants, CPA's & Consultants..