FSA and HSA can be used for medical bills. As the year comes to a close, many taxpayers focus on filing deadlines and overlook one of the simplest ways to reduce their tax bill: properly funding their Health Savings Account (HSA) or Flexible Spending Account (FSA). These accounts offer powerful tax advantages, but only when eligibility rules and deadlines are clearly understood. Health Savings Accounts are available to individuals enrolled in a qualifying high deductible heal

When it comes to lowering your taxable income, medical expense deductions can be a valuable tool—but only if you understand what...