Flexible Spending Accounts
Let’s talk about year-end tax planning. We’ll start with the Flexible Spending Accounts.
No one wants to hear about year-end tax planning right now, but with a bit of effort you could save some real money.
According to a National Foundation for Credit Counseling survey, when asked if their personal financial problems were self-inflicted or the result of events beyond their control, the overwhelming majority of respondents admitted responsibility for their financial woes.
Flex Accounts are a benefit offered by many employers whereby you set aside part of your income, pre-tax, to these accounts.
I know the holidays are on your radar screen right now, but there is still time to do some tax planning for this year.
I know the holidays are on your radar screen right now, but there is still time to do some tax planning for 2010.