American workers may be eligible to use tax-free dollars to pay medical expenses that not covered by other health plans. Any eligible employees of businesses that offer a health flexible spending arrangement (FSA) must act before their medical plan year starts...
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Expenses
IRS ISSUES GUIDANCE FOR DEDUCTIBLE MOTOR VEHICLE EXPENSES
The Internal Revenue Service recently issued Revenue Procedure 2019-46, which provides guidance for taxpayers with deductible expenses of operating a motor vehicle for business, charitable, medical, and moving expenses. This clarification was made necessary by...