Health Spending Accounts = Tax Efficiency
Are you an incorporated business owner who operates a one-person business? If so, you're a perfect fit for a Health Spending Account ("HSA"). You can turn your personal health expenses into a tax deductible business expense by setting up an HSA. Red Seal Financial Ltd. has partnered with Olympia Benefits to bring you an easy to use, online system for administering your Health Spending Account. This program is a no-brainer for any business owner who needs travel insurance at least once a year or spends $750 or more on healthcare expenses annually on themselves or family members.