How a Health Savings Account Can Be a Smart Tax Strategy Have you been considering a health savings account? Here, accountant Mark Kohler explains the advantages.

By Mark J. Kohler

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Have you been considering a health savings account for your business? While an HSA strategy typically means choosing a health-insurance policy with a higher deductible, accountant Mark Kohler says there are several advantages. Among them:

  • Tax deductions for contributions.
  • Tax-free growth on investments using the HSA.
  • Tax-free withdrawls for health-care expenses.
Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney and CPA

Mark J. Kohler is a CPA, attorney, co-host of the podcasts Main Street Business and Directed IRA Podcast and a senior partner at both the law firm KKOS Lawyers and the accounting firm K&E CPAs. He is also a co-founder of Directed IRA Trust Company. He is the author of The Tax and Legal Playbook, 2nd Edition and The Business Owner's Guide to Financial Freedom.

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