IRS

HSAs and Taxes

Health savings accounts or HSAs are a tax-favored account, similar to a savings or investment account, owned by the individual. One of the most attractive features of an HSA is the special tax rules that apply. Federal Taxes HSAs enjoy what is known as a triple tax...

Follow key filing guidelines to speed refunds, avoid errors

WASHINGTON — The Internal Revenue Service issued a series of guidelines to speed taxpayer refunds and avoid errors on their federal tax returns. Collect all tax-related paperwork Taxpayers should gather all documents including W-2s, 1099s and other information...

Skip to content