The Treasury and the Internal Revenue Service have rescinded pandemic-era guidance that allowed high-deductible health plans to cover COVID costs.
The IRS said, in
This rescinds
The preventive care safe harbor also does not include screening (i.e., testing) for COVID-19 effective as of the date of publication of the notice, which will appear in the Internal Revenue Bulletin of July 24.
Dutch treat; for the record; last Resort; and other highlights of recent tax cases.
A group of Republican lawmakers sent a letter to the incoming Trump administration asking it to end the IRS Direct File service via a day one executive order.
The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation.
Zoho announced the U.S. release of Zoho Payroll, on top of enhancements to its existing finance products Zoho Books, Zoho Inventory and Zoho Practice.
The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online Account, and starting a new enforcement campaign.
Payment solutions provider Bill released a tool that lets users manage their AP needs and 1099-NEC and 1099-MISC forms together from a single platform.
