Here is a letter that NAHU sent to Sens. Baucus (D-MT) and Landrieu (D-LA) on their Small Business Jobs Act of 2010, specifically regarding a provision allowing the deductibility of health insurance for the purposes of calculating self-employment tax. 

As many know, this has long been a NAHU legislative priority.

Under current law, business owners are not permitted to deduct the cost of health insurance for themselves and their family members for purposes of calculating self-employment tax. This provision would allow business owners to deduct the cost of health insurance incurred in 2010 for themselves and their family members in the calculation of their 2010 self-employment tax.

This legislation may well be considered soon.

More information on the bill can be accessed at the links below:

http://finance.senate.gov/newsroom/chairman/release/?id=b7c67e81-801a-4485-ac7b-5582806a6191

http://finance.senate.gov/legislation/details/?id=da799068-5056-a032-5229-92cebbd2b7a0

Click the following link to see the letter:

dahuonline.com/files/NAHU Self-Employment Tax Equity Support_July 2010 FINAL (2).pdf