Pay My Invoice

The CARES Act: At-Home Health Care Services

2020 – 06/18 The IRS reminds taxpayers that the CARES Act may help people needing at-home health care services during the COVID-19 crisis. It allows a high-deductible health plan (HDHP) to temporarily cover telehealth and other remote care services without a deductible, or with a deductible below the required minimum. These services also are temporarily included as coverage categories that are disregarded for determining whether an individual who has coverage in addition to an HDHP is eligible to make tax-favored contributions to a Health Savings Account. The rules apply to services provided on or after Jan. 1, 2020, for plan years starting on or before Dec. 31, 2021. For more: https://bit.ly/2BghIMb

06_18_20_1214528250_ftp_560x292_1.jpg

©2020 Bland Garvey CPA