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ALL ABOUT US. FSA Tax and Accounting has been specializing in personal and corporate tax and accounting services throughout the Metro Detroit area since 2009.
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We guarantee efficient, honest tax service that achieves remarkable results. Our years of experience and notable expertise ensure that your tax preparation is ...
Contributions to a flexible spending account (FSA) are not tax-deductible, but they reduce your tax burden and let you pay expenses in pretax dollars.
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Dec 22, 2023 · A Flexible Spending Account (FSA) allows you to contribute up to $3,050 in pretax money to pay for out-of-pocket medical expenses in 2023.
FSAs are accounts that you can use to set aside pre-tax money to pay for medical or dependent care expenses.
The main advantage of an FSA is the tax savings it offers. An FSA enables you to pay for eligible out-of-pocket expenses with money you set aside from your pay ...