Daniel Szymański

Actual costs include provincial taxes and fixed charges beyond the advertised percentage.

Small business owners must vet administrators on tax compliance, not just convenience.

Show employees what the full dollar means compared to a salary increase after tax.

Advisors can catch PHSP opportunities at incorporation before owners miss tax savings.

Incorporated owners must satisfy four sequential eligibility gates to claim tax-free HSA benefits.

Structuring the plan correctly saves the deduction; missing one requirement costs you all of it.

The tax code splits cosmetic procedures on medical purpose, not appearance alone.

Provincial plans cover only physician and hospital mental health services.

PHSPs reimburse dental care from dollar one if treatment corrects or restores, not enhances.

CRA disqualifies PHSPs when employers don't actually bear medical expense risk.

Misclassifying employees in an HSA can cost you the entire deduction plus taxes and interest.