Tag: Taxes

lower tax burden

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.

“How to Lower your Tax Burden”

Abby Eisenkraft

How to run a business and maximize your tax savings

From the earliest days of my tax practice, clients came to me with difficult and seemingly unsolvable problems that I was able to resolve for them.   I also had the opportunity of working with people at all stages of their small businesses.  Over the years, in part thanks to the economy, my office saw more and more clients with small businesses, and with that comes the mistakes, the unrealistic expectations, and the lack of tax knowledge in this important area.

“How to run a business and maximize your tax savings”

IRS Form 5498-SA

Do I Need to Wait for IRS Form 5498-SA to File My Taxes?

We are in the thick of tax season and some of you (especially those who are expecting a refund) are anxious to get your taxes filed. If you have an HSA, you might be waiting on your IRS Form 5498-SA. IRS Form 5498-SA are typically sent out in May of each year. What can you do if you want to file your taxes now and not file a tax submission extension to wait for IRS Form 5498-SA?

“Do I Need to Wait for IRS Form 5498-SA to File My Taxes?”

HSA Tax Return

HSAs and Your Tax Return

If you have an HSA, no matter if you are actively making contributions or deductions, you will need to get prepared for filing your tax return. Understanding the HSA tax details is the first step in this process. We will give you a quick review and help you get prepared for tax season.

“HSAs and Your Tax Return”

HSA and Taxes

What to Expect: HSA & Taxes

Need some help? Lively is here to dissect the complexity of your HSA tax obligations. We will help showcase key requirements you need no matter if you this is your first year with an HSA, have multiple HSAs, or transferred your HSA to a new provider.

“What to Expect: HSA & Taxes”

Maximize Tax Savings

Maximize Tax Savings for 2017

Keeping more of your money is always a good thing. An HSA can help you maximize your tax savings to save more or invest more money for your financial health future. Understanding HSA tax implications, contribution limits and date requirements are the first steps to ensuring you can maximize your tax savings in 2017. From there, you can work with a certified tax or financial professional to best optimize your HSA funds along with other tax vehicles to save the most tax-free money in 2017.

“Maximize Tax Savings for 2017”