HSAs

Backlog remaining; changes from Election Day; no new clients; and other highlights from our favorite tax bloggers.

Rettig speaks; FASB on crypto; going public; and other highlights from our favorite tax bloggers.

Sadness of financial illiteracy; remote partners; benefits of failing; and other highlights from our favorite tax bloggers.

Partners’ pay as a retention tool; volunteering to file; the global tax debate; and other highlights from our favorite tax bloggers.

Biggest practice blunders; yet another reason to raise taxes; the court looks back; and other highlights from our favorite tax bloggers.

The Internal Revenue Service issued its annual inflation-adjusted amounts for health savings accounts next year as the inflation rate surged to the highest level in decades.

Math error not in your favor; TIN matching; worst-written notices; and other highlights from our favorite tax bloggers.

Keeping your peeps; Better’s economic impact; new to us; and other highlights from our favorite tax bloggers.

Buyback fallacy; change proposed for quarterly taxes; solidifying client relationships; and other highlights from our favorite tax bloggers.

Announcement 2021-7(1) lets taxpayers deduct money spent on masks, wipes and other supplies in certain circumstances.

From the ACA to HSAs, FSAs and more, tax considerations are a major part of insurance choices.

Under the proposed regulations, amounts paid for DPC arrangements and HCSMs are treated as deductible medical expenses.

The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

Notice 2020-15 clarifies what Covid-19 expenses can be covered from HSAs.

The Internal Revenue Service issued a ruling allowing a taxpayer to use a tax-advantaged flexible spending account to pay for the medical portion of an ancestry test.

High-deductible plans can now offer a number of new preventive care benefits.

The Internal Revenue Service has issued the inflation-adjusted limits for health savings accounts for next year.

In today’s age of lost tax deductions many accountants are looking for new tax deductions they can offer their clients.

The House approved a repeal of the Affordable Care Act’s medical device tax, along with a bill that prohibits the IRS from rehiring any employee who was fired for misconduct.

The bill would allow taxpayers to treat the amounts paid for membership at a fitness facility as medical expenses.