Health Savings Accounts
With the changes to tax laws over the last few years, most taxpayers now take the standard deduction. This limits the amount of tax deductions available for medical costs. That is why understanding Health Savings Accounts is important since you can take a deduction even if you take the standard deduction.\n\nHawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.\n\nListen to more of the Tax Insights Podcast at hawkinsashcpas.com/cpa-hq/podcast/.