As I was conducting a workshop last week focusing on health insurance coverage, an employee asked if he could put additional money in his Health Savings Account (HSA) above and beyond what the employer contribution was.
“Of course!!” I said, and even better, if he made the contribution prior to April 18 it could be used as a deduction for his tax return NOW.
So it got me thinking about other tips that could be shared with employees over the next few weeks to help them muster through the chore of doing their taxes and save a few extra bucks.
If you have any other last minute tax tips, please share them by commenting about my blog below. Spread the word by creating flyers to post in your break room or send out an email blast within the next week. Your employees will appreciate it.
This was originally published on the Financial Finesse blog for Workplace Financial Planning and Education.