Inflation Enhances the 2023 Amounts for Health Savings Accounts (HSAs)

Inflation Enhances the 2023 Amounts for Health Savings Accounts (HSAs)

The IRS released guidance on the 2023 inflation-adjusted amounts for HSAs. High inflation rates will result in next year’s amounts being increased.
Freelance Asia women wear face mask using laptop hard work at new normal home office. Working from house overload, self isolation, social distancing, quarantine for corona virus prevention.

Prevent Presenteeism with Clear Policies, Good Benefits

Presenteeism is when an employee shows up for work physically or mentally ill. The COVID-19 crisis has put a new and daunting perspective on presenteeism.
Using HRAs as Investment and Savings Vehicles

Using HRAs as Investment and Savings Vehicles

HRAs can be a tax-advantaged way for employees to get reimbursements for out-of-pocket costs. HRAs can also function as an investment and savings vehicle.
Are COVID-19 Testing and Vaccination Programs Subject to ERISA?

Are COVID-19 Testing and Vaccination Programs Subject to ERISA?

Many employers may soon greenlight their full “return to office” plans.Some organizations are considering on-site COVID-19 testing and vaccinations
Agencies Clarify Plan Coverage of COVID-19 Tests

Agencies Clarify Plan Coverage of COVID-19 Tests

On February 4, several government agencies issued additional FAQs re: COVID-19 tests. Specifically, how goup health plans must cover OTC COVID-19 tests.
Tax Considerations for Launching a Small Business as a Sole Proprietor

Tax Considerations for Launching a Small Business as a Sole Proprietor

Many entrepreneurs begin operating as sole proprietors. Fiducial has some tax rules and considerations for operating your business as a sole proprietor.
IRS Information Letters Share Helpful Details on HDHPs + HSAs

IRS Information Letters Share Helpful Details on HDHPs + HSAs

Does your organization offer employees an HDHP and an HSA? If so, two recent IRS information letters provide insight into some finer points of plan administration.

EEOC Updates Guidance on Employer COVID-19 Vaccine Incentives

The EEOC has updated its guidance on whether employers are limited in how they can incentivize employees to get vaccinated against COVID-19. Fiducial has the details here.