IRS alert: Beware of companies misrepresenting nutrition, wellness and general health expenses as medical care for FSAs, HSAs, HRAs and MSAs

March 13, 2024

Amid concerns about people being misled, the Internal Revenue Service today reminded taxpayers and heath spending plan administrators that personal expenses for general health and wellness are not considered medical expenses under the tax law.

Read the full article from IRS here: https://www.irs.gov/newsroom/irs-alert-beware-of-companies-misrepresenting-nutrition-wellness-and-general-health-expenses-as-medical-care-for-fsas-hsas-hras-and-msas

#accounting #business #accountant #finance #tax #bookkeeping #smallbusiness #taxes #payroll #cpa #taxseason #businessowner #incometax #accountants #audit #bookkeeper #taxreturn #taxpreparer #quickbooks #taxconsultant

IRS alert: Beware of companies misrepresenting nutrition, wellness and general health expenses as medical care for FSAs, HSAs, HRAs and MSAs

Related posts

Don’t let grinchy scammers ruin holiday gift card giving

It’s not too early to get ready for the 2026 tax season

Thanksgiving 2025