Posts Tagged ‘ Favorable Tax Treatment ’

IRS Issues Rule on Tax Treatment of Health Care Benefits for Children Under Age 27

May 4th, 2010 | By

Under the new healthcare reform law, health coverage provided for an employee's children under 27 years of age is now generally tax-free to the employee, effective March 30, 2010. The IRS recently announced, in Notice 2010-38, that changes will now allow employers with cafeteria plans to permit employees to begin making pre-tax contributions to pay
[continue reading...]