InterWest Insurance Services

DECEMBER 7, 2023

The IRS recently announced that the annual contribution limit for flexible spending accounts will rise to $3,200 in 2024, up $150 from this year. Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional).

Flexible Spending Account 90

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 90

Money Talk

AUGUST 3, 2022

Below are six tax-saving ideas gleaned from recent webinars and research for my book: Look Toward the Future - Absent new tax legislation, the Tax Cuts and Jobs Act is scheduled to sunset after 2025, tax rules will return to what they were in 2017, and tax rates will be higher than they are right now.

Taxes 188

Taxes 401(k) Flexible Spending Account Deductions 188

Business Management Daily

JANUARY 5, 2021

Relief for health savings accounts and dependent care assistance plans. Congress has put to rest the controversy regarding whether expenses associated with loans forgiven under the Paycheck Protection Program are deductible on your corporate return. 31, 2025: The Work Opportunity Tax Credit. Tax extenders.

Family and Medical Leave Act 52

Family and Medical Leave Act Payroll 401(k) Taxes 52