Remove Deductible Remove Flexible Spending Account Remove Manufacturing Remove Out of Pocket Cost
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“Free” COVID tests are causing headaches for employers

Business Management Daily

We’ve written many times about the tax code’s prohibition on double-dipping — getting a double tax benefit on the same tax item, like taking a deduction and a tax credit for the same wages paid to the same employee. But the principle also applies if employees have flexible spending accounts or health savings accounts.