12 results for "IRS"

IRS

How HSA Tax Deductions Work

When it comes to taxes, one thing is certain — paying less is usually a good thing. Most of us don’t know how much we will owe or receive as a refund until we have filed a return. The two basic ways to reduce your tax bill is through tax credits or deductions. Today, we...

IRS

Guide to HSAs and Your Tax Return

High-deductible health plans have a sneaky way of beating up your wallet. Spending less on monthly premiums feels good until your next trip to the doctor. That’s when you are surprised by a bigger copayment or a giant bill weeks later. There are ways to lighten your burden at tax time, but only if you...

IRS

How to Lower your Tax Burden

Lowering your tax burden (for those who pay taxes) should mean more savings. You get to keep more of your money from the IRS. How you use this newly saved money is up to you. Finding the IRS compliant tax-savings vehicles that allow you to save the most, is what we will explore today.

IRS

How to Lower your Taxes with an HSA

Tax season drums up feelings of dread. It might encourage procrastination. Tax day is the least anticipation, most last-minute experience for many Americans. Can I have an extension, please?

IRS

HSA Eligibility Calculator

Providing free healthcare products and services only helps if individuals and families understand how to use them. We need free healthcare tools to calculate and navigate complex healthcare regulations and/or tax codes. This goes double for HSAs.

IRS

IRS Section 223

Understanding IRS section 223 as it relates to health insurance and HSA-eligibility is the baseline requirement needed to outline and establish all HSA savings benefits. Refer to this HSA IRS eligibility guide to understand how and if you can add an HSA to your health insurance plan.