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.