Tag Archive for: health savings account

Tax Deductions 2024: What Can I Deduct and How Do They Work?

The Internal Revenue Service offers scores of deductions to help you keep more of your earnings in your pocket. With a filing deadline of April 15, 2025, here's what you need to know about deductions for tax year 2024.

Seven Ways To Reduce Taxable Income

Due to tiered tax brackets and a progressive tax system—the more you make, the more you might end up paying. But there are many ways to lower your taxable income—and ultimately—the amount of taxes you pay.

Tax Credit vs. Deduction: What’s The Difference And Which Is Better?

Which is better, a tax credit or a tax deduction? The secret is in leveraging both to ease your tax burden. Before you start stumbling through your tax return, clear up any misconceptions about the differences and how both work to lower your tax liability and your tax rate in different ways.

Four Year-End Tax Tips To Get On Track For 2024

It's a great time to start thinking about your taxes. There are four tips that can help you get on track for 2024.

10 Surprising Things You Can Buy With Your Health Savings Account

While it’s perfectly fine (and smart!) to let the funds to keep building, there’s also quite a few items that you can use your HSA money on that you might not have known about. CLICK ON THE HEADLINE FOR MORE

10 Ways To Reduce Investment Taxes

With sound investment strategies that focus on tax optimization, here are a few ways to help yourself at Uncle Sam's expense. CLICK ON THE HEADLINE FOR MORE