I’ve frequently discussed the additional tax breaks for C corporations as opposed to S corps. One of those tax benefits is to have the C corp cover all of the employees’ medical costs. As described here, those medical costs can even include things that wouldn’t be deductible on the employees’ Schedule A, such as over the counter medications.
I have no idea what this company provides for $147; but I doubt that it’s much more than the forms already included in CFS Tax Software’s Small Business Tools program, such as this Medical Reimbursement Plan template.
Tax Guru - Ker$tetter Letter 