Many tax advisers tout after-year-end IRA contributions as good ways to reduce your 2012 income tax responsibility. However, there is another after-year-end contribution that you can use to reduce your 2012 tax bill – – your health savings account. HSAs have three great tax benefits – contributions are pre-tax, interest is tax-free and authorized use for medical reasons is tax-free. Now they have a fourth tax benefit if you use them to contribute after the end of the year to reduce your tax bill.

For more read, “Millions Of Americans Can Cut Their 2012 Tax Bills–And Don’t Know It.”