News Employee Benefits & Pensions By Sally P. Schreiber, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} To respond to the public health emergency posed by COVID-19, the IRS announced that a high-deductible health plan (HDHP) will still qualify as an HDHP even if it provides payment for medical care services and items purchased […]

The U.S. Supreme Court struck down a long-standing common law rule by which federal courts had decided disputes between members of an affiliated group filing a consolidated return over which of them should be allocated any tax refund. Instead, according to the unanimous decision released Tuesday, state laws should be applied to resolve these disputes. […]

In REG-100814-19, the IRS issued proposed rules clarifying that taxpayers may generally continue to deduct 50% of the food and beverage expenses associated with operating their trade or business, despite changes to the meal and entertainment expense deduction under Sec. 274 made by the tax law known as the Tax Cuts and Jobs Act (TCJA), […]

Secretary of Health and Human Services Alex Azar and members of the Trump Administration’s Coronavirus Task Force hold a press briefing at the White House on January 31, 2020 in Washington, DC. Sarah Silbiger | Getty Images The White House is planning to ask Congress to approve an emergency spending package to help the Trump […]

Team-members from Recycle Health Recycle Health For many of us, wearable gadgets that track steps, heart rate and other health metrics are a novelty item to play around with for a few weeks. After that, they end up in a drawer to gather dust. Lisa Gualtieri, an assistant professor at Tufts Medical School, is asking […]

A Samsung Electronics Co. Galaxy Z Flip smartphone is displayed during the Samsung Unpacked product launch event in San Francisco, California, U.S. on Tuesday, Feb. 11, 2020. Michael Short | Bloomberg | Getty Images I reviewed Samsung’s latest phone with a folding screen, the Galaxy Z Flip, earlier this week. It’s neat, but it’s still […]

A “Zuck Buck” is displayed on a monitor as David Marcus, the executive leading Facebook’s blockchain initiative, is questioned by U.S. lawmakers in Washington, D.C., on July 17, 2019. Andrew Harrer | Bloomberg | Getty Images Facebook’s Libra Association added a new member after shedding several partners in its ambition to create a new cryptocurrency. […]

As college costs soar, financial aid can make all the difference. Still, many families wrongfully assume they won’t qualify and don’t even bother to apply. Each year, more than 1.7 million private scholarships and fellowships are awarded, worth more than $7.4 billion. Your family’s income doesn’t have to stand in the way. In fact, qualifying […]

Attorney General William Barr participates in a press conference at the Department of Justice on February 10, 2020 in Washington, DC. Sarah Silbiger | Getty Images Attorney General William Barr took aim Wednesday at a key legal protection for the tech industry, calling into question whether it is still needed as a small number of […]

A woman shops for Cheerios cereal at a Price Chopper supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images General Mills‘ plan to revive cereal sales includes a $13 box of the breakfast food. The new Morning Summit cereal, which was launched in late 2019, lists almonds as its first ingredient in a bid […]