How To: Maximize Tax Savings for your Business by Using a Health Spending Account (HSA)
In this video Arielle will be giving you guys an overview of how to maximize your tax savings by using an Health Spending Account (HSA), the different HSA Requirements for Sole Proprietorships and Corporations and what medical expenses you can claim on your HSA.
What is a HSA?
An HSA is a Health Spending Account which serves as an alternative to the traditional employee health benefit plan underwritten by large insurers. A HSA provides health benefits that are 100% deductible to employers and 100% tax-free to employees with no monthly premiums.