This webinar will introduce and overview health savings accounts (HSAs). We will cover what an HSA is, who can open one, and how much they can contribute. We will also discuss opening an HSA even if you are self-employed. During our time together, we will review the triple tax savings of having an HSA. We will also cover what happens to an HSA when the taxpayer dies, how to correct over contributions, and common HSA eligible items.
Presenter
Timalyn Bowens, EA
America's Favorite EA
Timalyn S. Bowens, EA, is an IRS-licensed enrolled agent who has been in the tax industry since 2011. She founded Bowens Tax & Bookkeeping Solutions in 2016, focusing on helping small businesses maintain IRS compliance. After becoming an enrolled agent, she expanded her services to negotiate with the IRS and represent clients in audits. In 2021, her company rebranded to Bowens Tax Solutions, concentrating on IRS representation for taxpayers. Timalyn is an active member of the National Association of Enrolled Agents, serving on the Membership and Social Media committees, and is involved with Bellarmine University's Alumni Board of Directors and Alumni Ambassador program. She also serves as treasurer for TECH-nique, a nonprofit supporting girls of color in STEM, and is on a committee assisting unhoused women in Louisville. Timalyn holds a Bachelor's degree in accounting from Bellarmine University, where she interned with Crowe Horwath, gaining experience in tax preparation and planning, which sparked her passion for tax law and taxpayer representation.