by Trevor Sparks | Apr 2, 2024 | Employee Benefits
The Internal Revenue Service is reminding taxpayers that expenses related to nutrition, wellness, and general health are not likely to qualify as reimbursable medical expenses under Internal Revenue Code section 213. In a news release and frequently asked questions,...
by Trevor Sparks | May 18, 2023 | Employee Benefits
On May 16, 2023, the IRS released Revenue Procedure 2023-23 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2024. The IRS is required to publish these limits by June 1 of each year. These limits...