I am in the process of getting my masters degree in taxation. My professors give tests that not only question our ability to use practical application for hypothetical tax situations, but also charge us to be able to cite court rulings to back up our decisions. My tax practice is in the state of Oregon,… Read more »
Posts Categorized: Affordable Care Act
ACA Impact on Health Reimbursement Accounts & Employer Payment Plans on Small Employers
All of the tax professionals facilitating webinars and seminars brought up the impact the ACA will have on employer nontaxable reimbursements to employees for health insurance and out-of-pocket medical expenses. Whether a plan was an out-of-pocket medical expense reimbursement plan under IRC (Internal Revenue Code) section 105, a health insurance reimbursement arrangement under IRC section… Read more »