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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