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Life Insurance question
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Skipper
Posted 4/10/2009 11:36 (#675833 - in reply to #675044)
Subject: RE: Life Insurance question



Just a note to check on. we were checking awhile back on life insurance for a corp like previously described for 2 individuals. My thinking was to have the business pay the premium so it would be a deduction. I was told in our situation to own it personnaly so it wouldn't be taxable from the business to an individual. Maybe a question to ask a more knowledgeable person than me about your particular situation.
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