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Tag Archives: Tax Savings

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Maximize Tax Savings with Charitable Giving

By Ronald Cutler, P.A. |

Although most taxpayers are generally aware that they can save money during tax season through charitable giving, few are aware of just how many charity-related deduction options are available to taxpayers. For example, taxpayers who donate money or goods to a tax-exempt charity before December 31 can deduct the amount donated on this year’s… Read More »

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Maximizing Tax Savings Through Flexible Spending Arrangements

By Ronald Cutler, P.A. |

The IRS recently urged taxpayers to take advantage of their employer’s health flexible spending arrangements (FSA) next year. This program allows employees to contribute funds deducted from their paychecks to pay for medical expenses that aren’t covered by health insurance plans. Employees who wish to contribute to an employer’s FSA must state an intent… Read More »