medical

Medical Cannabis Moves Forward, Recreational Stays Stuck: Tax and Compliance Takeaways

At the end of April 2026, the federal government took a major step by moving FDA‑approved marijuana products and marijuana sold under qualifying state medical marijuana licenses from Schedule I to Schedule III of the Controlled Substances Act. This change recognizes accepted medical use and makes it easier to conduct clinical research, but it does

By |2026-05-08T20:13:53+00:00May 25th, 2026|Categories: Business, Individuals|Tags: , , , , , , , , , , |

HSA savings provide a triple tax benefit

If you are covered by an Health Savings Account HSA eligible plan, then, you can make pre-tax contributions to a medical savings account for future health related expenses. The growth of these funds are tax free and if used for its medical purpose, the withdrawal is not taxable. However, if not used for the right

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