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The Big Four firm says they wanted to recognize the challenges parents and caregivers are facing during the pandemic.August 18
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The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.May 12
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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.July 24
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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.July 25
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The bill would allow taxpayers to treat the amounts paid for membership at a fitness facility as medical expenses.July 12
