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...
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...