The IRS’s Office of Chief Counsel recently released Chief Counsel Advice Memorandum Number 202317020, which reiterates the longstanding substantiation requirements that apply to claims for payment or ...
On April 28, 2023, the Internal Revenue Service’s (IRS) Office of Chief Counsel released guidance reiterating claims substantiation rules for health flexible spending arrangements (health FSAs) under ...
Not vetting third party administrators could be putting your clients at risk. Why? If a flexible spending account or health reimbursement account is not administered correctly and in compliance with ...