The one, big, beautiful benefits legal alert

The House’s new tax legislation titled the “The One, Big, Beautiful Bill” covers a number of potential changes to US benefits items, including:

  • Increasing child care credits for certain employers and making paid family and medical leave tax credits permanent.
  • Allowing on-site health clinics to be fully HSA-compliant, as well as a number of other changes to HSAs.
  • Amending the Section 162(m) and Section 4960 taxes on “excess” compensation paid to executives.

Read the full legal alert here.

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