Internal Revenue Service IRS issued FAQs addressing whether certain costs related to nutrition, wellness, general health are medical expenses under Sec. 213 of the Internal Revenue Code that may be paid or reimbursed under an employee’s health savings account HSA.
IRS bulletin addresses interest rates on tax overpayments and underpayments for the second quarter of 2023. IRS announces opinion letters for pre-approved defined benefit plans. IRS provides relief to certain people affected by Covid-19 by changing lookback period criteria.