The Tax Corner – May 2015

By Nancy Espinoza, Tax Manager IRS Announces 2016 HSA Limits The IRS has announced the 2016 contribution limits for high-deductible health savings account. For individuals with self-only coverage, the contribution limit will remain at $3,350. For family coverage under a high-deductible plan, the 2016 limit will increase to $6,750. For details, click here. U.S. Department [...]

By | May 19th, 2015|Accountants, Department of Labor, IRS, May 2015, Newsletter|0 Comments