NEWS

Rev. Proc. 2022-38 (Oct. 18, 2022); IRS News Release IR-2022-182 (Oct. 18, 2022)

IRS Releases 2023 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More

The IRS has released the 2023 cost-of-living adjustments (COLAs) for a wide variety of tax-related limits, including limits relating to health FSAs, qualified transportation fringe benefits, qualified small employer health reimbursement arrangements (QSEHRAs), adoption assistance, DCAPs, the small business health care tax credit, the premium tax credit, and Archer MSAs.

Click Here To find out more

News

04/14/2023

Employee Benefit Acronyms Part 3 of 3

Everybody in the employee benefits field uses acronyms like ALE, MLR, and ACA, but what do these and other employee benefits acronyms stand for?

04/14/2023

Employee Benefit Acronyms Part 2 of 3

Everybody in the employee benefits field uses acronyms like ADA, MSP, and PHI, but what do these and other employee benefits acronyms stand for?

04/14/2023

Employee Benefit Acronyms Part 1 of 3

Everyone in the employee benefits field uses acronyms like CDHC, EAP, and VEBA, but what do they stand for?

04/14/2023

Frequently Asked Questions About Medical Expenses Related to Nutrition, Wellness, and General Health

The IRS has issued FAQs that explain when certain costs related to nutrition, wellness, and general health are medical expenses under Code § 213.

04/14/2023

The National Emergency Ends

A new wrinkle recently added a potential complication to calculating these deadlines.