Revenue Procedure 2014-30 provides the 2015 inflation adjusted deduction limitations for annual contributions made to a health savings account (HSA) under section 223. These deduction limitations are updated annually pursuant to section 223(g) to reflect the cost-of-living adjustments. Revenue Procedure 2014-30 will be published in Internal Revenue Bulletin 2014-20 on May 12th.
A business law blog published by the business, tax, and health care lawyers at AttorneyBritt - Gary L. Britt, CPA, J.D. Our blog presents commentary and information regarding the laws and regulations applicable to individuals, corporations, partnerships, and limited liability companies (LLCs); as they relate to the myriad of business transactions, contracts, and agreements every business owner, shareholder, member, physician, and/or health care provider must consider.
Tuesday, April 29, 2014
New Contribution Limits For Health Savings Accounts
The business and corporate attorneys-lawyers at AttorneyBritt advise:
Revenue Procedure 2014-30 provides the 2015 inflation adjusted deduction limitations for annual contributions made to a health savings account (HSA) under section 223. These deduction limitations are updated annually pursuant to section 223(g) to reflect the cost-of-living adjustments. Revenue Procedure 2014-30 will be published in Internal Revenue Bulletin 2014-20 on May 12th.
Revenue Procedure 2014-30 provides the 2015 inflation adjusted deduction limitations for annual contributions made to a health savings account (HSA) under section 223. These deduction limitations are updated annually pursuant to section 223(g) to reflect the cost-of-living adjustments. Revenue Procedure 2014-30 will be published in Internal Revenue Bulletin 2014-20 on May 12th.
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