The Treasury Department and the IRS released guidance earlier this month that outlines new tax benefits for Americans who own a health savings account (HSA) under the tax package that President Donald ...
Tax season can get messy when you’re juggling multiple forms like 1099s, HSAs’ 1099-SA and 5498-SA, and other information returns. Knowing what each form reports, how they connect, and when to file ...
When it comes to health benefits, "You don't know what you don't know" is a familiar theme for many employees. Unfortunately, lack of health benefits literacy, including low awareness of what's ...
The IRS provided guidance Tuesday on new tax benefits for health savings accounts (HSAs) that include allowing bronze and catastrophic plans to be considered HSA-compatible under Sec. 223. The changes ...
Medical expenses can take a big bite out of your wallet. A couple of special accounts, however, are good remedies for both your doctor and tax bills. A medical flexible spending arrangement is a ...
On July 4, 2025, President Donald Trump signed a comprehensive budget reconciliation bill into law, loosening rules around health savings accounts (HSAs), extending telehealth relief, and providing ...
Both the April 15 tax deadline and new 2026 HSA contribution limits create a dual opportunity for Americans to save more and pay less in taxes. The sooner contributions begin in the new year, the ...