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Summary of Notice 2008-59 Guidance on Health Savings Accounts
The Treasury Department and the Internal Revenue Service released Notice 2008-59 on June 25, 2008. A summary of the Notice is included here.
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Proposed Regulations Regarding HSAs
The Internal Revenue Service (IRS) and the U.S. Treasury Department have issued Proposed Regulations regarding Health Savings Accounts (HSAs).
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HEART ACT (Heroes Earnings Assistance and Relief Tax Act) Signed Into Law
The Heroes Earnings Assistance and Relief Act of 2008, which was recently signed into law by President Bush, is a new law whose purpose is to address the payments made to individuals who have been called to active military service.
Read more … HEART ACT (Heroes Earnings Assistance and Relief Tax Act) Signed Into Law