Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Miller Johnson says it published an update on tax-free wearable device reimbursements
Miller Johnson said it published an update on IRS guidance concerning tax-free reimbursement of wearable devices through health benefit arrangements. The firm’s article examines the distinction between medical care and general wellness uses, and discusses documentation supporting the treatment of devices as eligible medical expenses.
Key points
- The firm’s publication addresses health flexible spending accounts and health savings accounts.Miller Johnson
- Miller Johnson’s article also discusses health reimbursement arrangements and Archer medical savings accounts.Miller Johnson
- The firm’s update examines related accessories and subscriptions.Miller Johnson
- Miller Johnson’s publication discusses inventory information approval systems used in expense administration.Miller Johnson