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Tax Resources for Accountants and Small Businesses (U.S.)

Tagged: fringe benefit

IRS / Taxation

2013 Health Flexible Spending Arrangements

Health flexible spending arrangements not subject to $2,500 limit on salary reduction contributions for plan years beginning before 2013 and comments requested on potential modification of use-or-lose rule. Notice 2012-40 I. PURPOSE AND OVERVIEW...

IRS / Taxation

2013 Transit Benefit Cap

To reflect a statutory amendment made by ATRA to § 132(f)(2), section 3.12 of Rev. Proc. 2011-52 is modified to read as follows: .12 Qualified Transportation Fringe Benefit. For taxable years beginning in 2012,...