When companies reach the point where they’re ready to sponsor a qualified retirement plan, the first one that may come to mind is the 401(k). But there are other, lesser-used options that could suit the distinctive needs of some business owners. Case … [Read more...]
2024 – 07/03 – Military service confers certain tax benefits
2024 – 06/13 – It’s easy to get tripped up by the IRS’s passive activity loss rules
2024 – 06/06 – What you need to know about the NIIT
2024 – 05/16 – Tax breaks for adoptive parents
IRS to employers: Only medical expenses qualify for tax-advantaged accounts
Tax-advantaged accounts or reimbursement arrangements for health care have become popular employer-sponsored benefits. And for good reason — these accounts or arrangements ease the burden of high costs on organizations while giving employees a … [Read more...]
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