What is a Flexible Spending Account?

A flexible spending account (FSA) is a type of tax-advantaged savings account established by an employer for the benefit of its employees. Employees and employers can both contribute to employee accounts. The money saved must be used to cover qualified medical and dental expenses. FSA contributions are tax-deductible to the employee, but they must be used within the year the contribution is made.

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Tax positions for businesses and individuals

R&D tax credits

Fuel your venture's growth and innovation with the R&D tax credits. Not just for tech firms or big corporations.

Augusta rule

Rent out your home tax-free for up to 14 days per year. Save even more if you rent to your business.

Depreciation

Put your fixed assets to work for you by utilizing depreciation to find and compare tax savings in minutes.

Home office

Turn your workspace into a tax-saving opportunity. Saving as much as you can? Probably not.

Instead is evolving. 
New tax positions are in the kitchen. Stay tuned.