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Tax and financial planning news from around the web: June 24 – 28, 2024

Written on Jun 28, 2024

Following a detailed review to protect taxpayers and small businesses, the IRS has announced plans to deny tens of thousands of improper high-risk Employee Retention Credit claims while starting a new round of processing lower risk claims to help eligible taxpayers. 

In the extensive world of tax laws and deductions, one gem often overlooked is the benefits of having a health savings account (HSA). It’s not just another savings account. It’s a strategic financial tool with impressive benefits for anyone paying income taxes in the U.S. 

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