The Cadillac of Taxes: Not Just for Luxury Health Savings Vehicles
The types of benefits that will be subject to the Affordable Care Act’s “Cadillac tax” may be surprising.
2015 Tax Cheat Sheet for Advisors and Their Clients
For tax year 2015, there are annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes.
HSAs and Taxes: How to Handle Transfers and Rollovers
Tax Facts experts explain the details and pitfalls of health savings accounts.
At Last Minute, IRS Gives Gay Couples Health Care Tax Break
The government says legally married same-sex couples can claim tax benefits this year if they’re enrolled in an FSA, HSA or cafeteria plan.
IRS Gives Double Tax Benefits of Health FSAs a Boost
Because many clients are anticipating higher out-of-pocket health expenses in 2014 under the Affordable Care Act, FSAs are likely to become more popular than ever.
Treasury, IRS Change FSA Use-or-Lose Rule
Treasury Secretary Lew says the change is a "common-sense solution" to help people pay for health care.
15 Key Health Care Act Provisions That Begin in 2014
The Patient Protection and Affordable Care Act was signed by President Obama on March 23, 2010, but 2014 is the year when most core pieces of PPACA will be activated, effecting many of your clients' health care planning.
Employee Benefits and Taxes: Cafeteria Plans
The experts at Tax Facts Online on the tax benefits of cafeteria plans.
Health Insurance: Health and Medical Savings Accounts
A Health Savings Account is a trust created exclusively for the purpose of paying qualified medical expenses of an account beneficiary. Although they are popular, they are not without their pitfalls and the regulations can be complicated. Learn more about how to avoid federal taxation on the accumulation and distributions of HSA.
The income tax treatment of cafeteria plans is key to their popularity. Learn how to maximize the tax benefits of these “flexible benefit plans”.