A quarterly magazine from the National Association of Enrolled Agents
Spring 2024 vol.42 no.1
Health Savings Accounts: An Often-Overlooked Tax Savings
Feature Article

Health Savings Accounts: An Often-Overlooked Tax Savings

For certain taxpayers, such as high-income employees, it is challenging to find ways to reduce federal tax liabilities proactively. Since high-income employees often have sufficient cash to fund out-of-pocket medical expe... Thomas Gorczynski, EA, USTCP

July/Aug 2022, Feature Article, HDHP, High-deductible health plan, self-employed, Schedule A, healthcare, §36B, wealth, IRA, health savings account, adjusted gross income, AGI, HSA
The PTC, Itemized Deductions, Employer Leave-Based Donation Programs, Tracking Refunds, and Bribes
Tax News Briefs

The PTC, Itemized Deductions, Employer Leave-Based Donation Programs, Tracking Refunds, and Bribes

Premium Tax Credit Regulations Amended Wages are deductible by a C corporation in computing taxable income, but dividends are not. In a closely held corporation, the owners might decide to take ... TheTaxBook

July/Aug 2022, Tax News Briefs, §6663, §63(e)(2), business expense, §36B, employer leave-based donation program, premium tax credit, Ukraine, ACA, temporary protected status, c corporation, PTC, §170(c), refund, Health Insurance Exchange, bribe, Tax Court, Executive Order 14009, Thailand, property, Strengthening Medicaid and the Affordable Care Act, Form W-2, §36B(c)(2)(C)(i), §63(e)(1)