A Health Savings Account (HSA) can be a powerful money saver, but you must know the tax consequences of having one.
If you want to learn the tax law’s special HSA rules that apply to the S corporation employee-owner, read my new article titled Tax Tips for S Corporation’s HSA.
Three ways our fact-filled article can help you:
- We’ll discuss payments on behalf of employees other than you. Here’s important information not to be missed! You’ll learn plenty when you read the full article.
- Learn about payments on your behalf — the more than two-percent shareholder. Because you are a more than two-percent shareholder, contributions by your S corporation to your HSA for services rendered, are treated as guaranteed payments that your S corporation deducts as compensation to you. Find out more when you read the full article.
- We get our information from the source — The IRS! What makes the Tax Reduction Letter so valuable is that we get our guidance directly from IRS publications… the ones you never get a chance to study. Get hot tax tips for your S Corporation’s HSA when you read the full article.