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Get First Dollar Tax Savings

Healthcare Flexible Spending Account FSA - Beat IRS Medical Tax Deduction HurdlesGrowing families often have high levels of medical expenses. The IRS allows you - to the extent you were not reimbursed - to deduct what you paid from your taxable income on your 1040 form: for amounts exceeding 7.5% of your Adjusted Gross Income.

Many of these medical and dental expenses provide no relief.  A family with an Adjusted Gross Income of $100,000 will get no tax savings from the first $7,500 of un-reimbursed medical expenses.

For a family in the 25% tax bracket, and paying payroll taxes, that equates to $2,500 in annual missed tax savings.

A Health Care Flexible Spending Account (FSA) allows you to beat deduction hurdles, and realize greater overall tax savings:

  • Right Away - beginning with your first dollar of un-reimbursed medical and dental expenses
  • On Payroll Taxes - FICA tax savings can be realized
  • On Hidden Taxes - Alternative minimum tax; Deduction phase outs can be avoided
Flexible Spending Account (FSA)Flexible Spending Account (FSA)Flexible Spending Accounts (FSA) help you reduce the amount of taxes you pay. You can use pre-tax dollars to pay for covered expenses associated with infertility treatments, IVF, IUI, pregnancy, premature birth, and other un-reimbursed medical expenses. Child care, and transit costs are included as well.
Health Care FSAHealth Care FSAHealth Care Flexible Spending Account (FSA) – beat medical and dental deduction hurdles, cut costs for Prescription Drugs, Fertility Treatment, Prenatal Care, Well Baby Care, Premature Baby in NICU, and Special Needs Children
Dependent Care FSADependent Care FSAUsing the IRS Child Care Tax Credit? Get bigger Tax Savings and Deductions for using a Dependent Care Flexible Spending Account FSA for your childcare, daycare expenses.
 - Great Value to You and Your Family -
- No Direct Cost to Your Employer -
Ask and It Will be Given!

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