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Why You Should Keep Funds in Your HSA Account and Not Withdraw Them

LSLCPAs

We advise our clients to keep their HSA funds in the account and not to withdraw funds for medical expense reimbursement. Here’s why: The HSA can be invested and the investment earnings grow tax free. The post Why You Should Keep Funds in Your HSA Account and Not Withdraw Them appeared first on LSL CPAs.

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Fraud Detection and Prevention: Fraud Through Employee Reimbursements

Withum

In past years, the annual audit was performed by a CPA who was an income tax practitioner. When selecting the new firm, ACME CPAs, management chose a firm and practitioners who specialized in financial audits with an emphasis in labor union/not-for-profit organizations. The Takeaway.