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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, a certified public accountant in Irvine, Calif., is a partner in the accounting firm Kohler & Eyre, and the law firm Kyler, Kohler, Ostermiller, & Sorensen LLP, specializing in business, estate and tax. He is the author of The Tax & Legal Playbook and What Your CPA Isn't Telling You from Entrepreneur Press.

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