When you put away money as your retirement savings, you must pay taxes on the saved amount. Fortunately, traditional retirement plans like 401(k)s and individual retirement accounts give you an upfront tax break. But these plans require you to pay taxes when you withdraw the money. Enter health savings accounts (HSA). An HSA account isContinue reading “Why Small Businesses Are Choosing Health Savings Accounts (HSA)?”
Tag Archives: best CPA for small business
California EV Tax Credit: Accelerating Clean Energy Transition
As the world shifts towards a more sustainable future, California has emerged as a leading proponent of electric vehicles (EVs). With its commitment to reducing greenhouse gas emissions and promoting clean transportation, the state has implemented various initiatives to encourage the adoption of EVs. One such initiative is the California EV tax credit, a financialContinue reading “California EV Tax Credit: Accelerating Clean Energy Transition”