If you’re a small business owner, you should be using every tool in your arsenal to grow and protect your business. This includes taking advantage of the many federal tax credits available. Since this can be a confusing topic, I’m going to share a primer on how tax credits work, which ones you should be aware of, and the forms you need to file in order to capitalize on them.
It’s no secret that healthcare costs are on the rise and there are no signs of prices falling anytime soon. In the face of skyrocketing costs, many people are turning to their Health Savings Accounts (HSAs) to help pay for current and future healthcare costs. Often, these accounts are offered through an employer, but they can also be opened individually. To qualify, you must be covered under a high-deductible insurance plan, and if you are, you can take advantage of an impressive array of benefits.
If you have an HSA but you aren’t sure you’re optimizing it, read on for eight important benefits.