IRS Alert: Beware of Companies Misrepresenting Nutrition, Wellness and General Health Expenses as Medical Care for FSAs, HSAs, HRAs and MSAs

This article was published by the IRS.Amid concerns about people being misled, the Internal Revenue Service is reminding taxpayers and health spending plan administrators that personal expenses for general health and wellness are not considered medical expenses under the tax law. This means personal expenses are not deductible or reimbursable under health flexible spending arrangements, health [...]

Employee Retention Credit

If you're having second thoughts about your Employee Retention Credit, you may be able to fully withdraw your claim if the IRS hasn't paid it, or if you've received a check but haven't cashed or deposited it. For more information, visit IRS.gov/withdrawmyERC.

Tax Time Guide: IRS Enhances Where’s My Refund? Tool for 2024 Filing Season

This article was published by the IRS. With millions of tax refunds going out each week, the Internal Revenue Service reminded taxpayers today that recent improvements to Where's My Refund? on IRS.gov provide more information and remains the best way to check the status of a refund. The Where’s My Refund? tool provides taxpayers with three [...]

Have You Checked Your Withholding Lately?

There are many reasons to check your tax withholding. This means looking to see how much money your employer is withholding from your paycheck for federal income tax. Remember, you can visit IRS.gov/withholding any time for more info. It’s a good idea to check your withholding as it will help you avoid a surprise at tax [...]

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