Jennifer, a self-employed taxpayer, is married and has two children. As her Tax Advisor, she...
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Accounting
Jennifer, a self-employed taxpayer, is married and has two children. As her Tax Advisor, she has asked you to explain the tax and non-tax advantages of creating a Health Savings Account (HAS) for her and her family.
Explain if having an HSA is really worth it to someone in Jennifers situation.
Should all taxpayers take advantage of such tools? Explain and justify your reasoning using accounting practices and principles.
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