2026 Benefits Planning: What HR Leaders Need to Know About HSA and HDHP Changes
You’ll need to start your 2026 benefits planning now to maneuver substantial HSA contribution increases and intricate HDHP compliance requirements. HSA limits rise to $4,400 for individuals and $8,750 for families, while HDHP minimum deductibles increase to $1,700 and $3,400 respectively. ACA out-of-pocket maximums also jump substantially, affecting your budget projections. Don’t wait until Q4—these […]
The Hidden Payroll Trap: What Every Employer Must Know About Moving Expense Reimbursements in 2025
Since 2018’s Tax Cuts and Jobs Act, you can’t treat moving expense reimbursements as non-taxable business expenses anymore. Every dollar you reimburse must be reported as taxable wages on your employee’s W-2, requiring proper federal, state, and FICA tax withholding. You’ll face IRS penalties if you misclassify these payments or fail to integrate them into […]
Smart Business Vehicle Tax Strategies: A Complete Guide for Growing Companies
You can maximize your business vehicle tax deductions by choosing between the standard mileage rate of 70¢ per mile or actual expense tracking, with the latter typically yielding greater savings for fleet operations. Strategic leasing structures improve cash flow while maintaining current technology, but you’ll need meticulous documentation, including detailed mileage logs and business purpose […]
