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Should Your Business Consider a Health Reimbursement Arrangement?

Should Your Business Consider a Health Reimbursement Arrangement?

by Cathy Macchietto | Aug 31, 2020 | Uncategorized

Starting in 2020, employers have an attractive new alternative to traditional group health plans: The individual coverage health reimbursement arrangement (ICHRA). ICHRAs have several advantages over previously available health reimbursement arrangements (HRAs),...
IRS Mileage Rates: Are You Over- or Under-Reimbursing Your Employees?

IRS Mileage Rates: Are You Over- or Under-Reimbursing Your Employees?

by Cathy Macchietto | Aug 31, 2020 | Uncategorized

Many organizations use the IRS’s standard mileage rates to calculate deductible vehicle costs and reimburse employees tax-free for business use of their personal vehicles. For 2020, the rates are 57.5 cents per mile driven for business, 17 cents per mile driven for...

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