May 06, 2025
In Rev. Proc. 2025-19, released in May 2025, the IRS announced the following changes to HSAs.
HSA Inflation Adjusted Items. For calendar year 2026, the annual limitation on deductions for an individual with self-only coverage under a high deductible health plan is $4,400. The annual limitation on deductions for an individual with family coverage under a high deductible health plan is $8,750.
High deductible health plan. For calendar year 2026, a "high deductible health plan" is defined as a health plan with an annual deductible that is not less than $1,700 for self-only coverage or $3,400 for family coverage, and for which the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $8,500 for self-only coverage or $17,000 for family coverage.
HRA Inflation Adjusted Item. For plan years beginning in 2026, the maximum amount that may be made newly available for the plan year for an excepted benefit HRA is $2,200.
The rules and regulations governing these accounts can be complex, so work with a professional.
©2025
Jul 30, 2026
Understanding the advantages and disadvantages of the business structure you choose when you start your company is essential. You want the structure to align with your business goals, and you want to understand how profits will be taxed and what personal assets may be at risk. Read through to explore these distinctions further.
Jul 29, 2026
Businesses must have all employees fill out a Form I-9 to ensure they are eligible to work in the United States. A Social Security card can be part of the proof, but not in all instances. Read through to avoid making a serious mistake.
Jul 28, 2026
A recent report found there was more than $10 billion lost to online scams in 2022. Anyone can be vulnerable, and everyone should be aware of the red flags that should cause them concern. Read through to learn how to protect yourself.
Jul 27, 2026
A break for many who have been hit by high gas prices: The IRS has quietly announced a revision to the optional standard mileage rates for computing the allowable deductible costs of operating an automobile. Read through to see what has changed—and what hasn't.
Jul 02, 2026
You finally narrowed a large job applicant pool down to several strong candidates. The interview process will give you insights into your prospective employee. Read through for pro tips on how to conduct job interviews to find the best match for your team.
Jul 01, 2026
U.S. companies are broadly scaling back nonwage compensation, from suspending discretionary 401(k) matches to trimming paid time off and reducing parental leave. However, these savings can come with costs companies didn't anticipate. Read through to weigh the risks before your business makes any changes.
More News & Press can be found in our Archive.
