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Archive for December, 2013

Court Declares Ministerial Housing Allowance Unconstitutional

Phone Scammers Impersonate IRS Personnel The IRS has issued a warning about a phone scam involving the impersonation of IRS agents to extort money from victims, who are directed to submit payments through pre-loaded debit cards or wire transfers. If victims are uncooperative, scammers become belligerent and often threaten the victim with arrest, deportation, or […]

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Posted in: Bits & Pieces, Blog

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IRS Softens “Use it or Lose it” Rules

Beginning January 1, 2013 Flexible Spending Accounts (FSA’s) became subject to a $2,500 annual limit under changes brought about by the health care reform laws. FSA’s are tax-favored accounts that allow employers to reimburse employees for qualifying out-of-pocket medical expenses, such as deductibles and co-pays, on a tax-free basis assuming the plan meets IRS and […]

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Posted in: News

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