IRS Announces 2022 Automobile Depreciation Deduction Limits and Inclusion Amounts

The IRS has announced the 2022 inflation-adjusted Code § 280F “luxury automobile” limits on certain deductions that may…

Appropriations Bill Restores Telehealth Exemption for HDHPs for Remainder of 2022

Congress has passed, and the President has signed, omnibus spending legislation that (among other things) temporarily…

Managing millennial and Gen Z accountants

Millennials represent the largest workforce in the U.S., and by 2025, Gen Z will make up…

Can Tobacco Users Be Required to Pay More for Group Health Plan Coverage?

QUESTION: Our self-insured health plan would like to reduce required employee contributions for employees who do not…

5 ways accountants can save time with better email management

It may be one of the oldest digital technologies in existence, but there’s no denying that the…

recommending “go-green” tax incentives to accounting clients

If your tax and accounting firm’s clients are concerned about increasing gas and energy costs, “go-green”…

Are Employer-Provided COVID-19 Testing and Vaccines Subject to ERISA?

QUESTION: Our company is considering offering COVID-19 testing and vaccinations to employees at our offices. Will this…

Court Treats Unilateral Amendment Provision as Consent to Plan’s Arbitration Provision

Current and former participants in a 403(b) plan filed a lawsuit claiming that the plan’s fiduciaries…

IRS General Instructions Complete Guidance for Filing 2022 Forms 1099-R and 5498

IRS Form 1099-R (Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.) (2022);…

HHS Notice Reiterates ACA Section 1557’s Prohibition of Gender Identity Discrimination

HHS Notice and Guidance on Gender Affirming Care, Civil Rights, and Patient Privacy (Mar. 2, 2022);…