The IRS has announced the 2012 Medical Mileage reimbursement rate will be 23 cents per mile. The is a slight reduction from the late 2011 rate of 23.5 cents per mile.
You can use your Section 125 Health Care Reimbursement Account to be reimbursed any mileage costs associated with traveling to and from your medical appointments [...]
ABS now partnering with FSA Store!
Advanced Benefit Strategies is excited to announce their partnership with FSAStore.
FSAStore is the one-stop destination for Flexible Spending Accounts.
With three main channels in their website, they help make purchasing FSA eligible items, finding local and eligible physicians, and finally answering the many questions that come along with having a [...]
In a surprise mid-year move, the IRS announced an across the board increase in mileage rates by 4.5 cents per mile. Effective July 1st, 2011 mileage rates for use of an automobile to and from eligible medical services can be reimbursed at 23.5 cents per mile.
Earlier this year we announced the 2011 mileage rate was increasing [...]
IRS Releases Form to Help Small Businesses
Claim New Health Care Tax Credit
IRS Also Announces How Tax-Exempt Organizations Will Claim Credit
WASHINGTON –– The Internal Revenue Service today released a draft version of the form that small businesses and tax-exempt organizations will use to calculate the small business health care tax credit when they file income [...]
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