The IRS has announced that the contribution limits for Flexible Spending Accounts (FSA) contribution limits have been increased to $2750 for the plan year beginning 2020.
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Reconsidering the Medical Expense Deduction
Posted by: DeAnna Alger, CPA
read more…New Requirement for Health Coverage
Effective September 23, 2012, businesses that provide health coverage to staff MUST provide a summary of the coverage to all employees. The Department of Labor shows what the summary must look like.
read more…Understanding the New Medicare Taxes
Posted by: Colleen Kaminsky, CPA
read more…Affordable Care Act – Key Changes for 2014 & 2015 Tax Years
Posted by: Richard Huszai, CPA
Large Employer Penalties (50 or more FTE’s):
read more…When Are Severance Payments Subject to FICA?
Posted by: Barbara Theofilos, CPA
read more…New 3.8% Medicare Tax on Net Investment Income: How Will this Affect YOU?
Posted by: Barbara Theofilos, CPA
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Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
Important Changes to the Deductibility of Employer-Provided Meals
On Jan. 1, the One Big Beautiful Bill Act (OBBBA) significantly tightened the rules on the tax deductibility of employer-provided meals. If your business has historically relied on deductions for meals and food-related benefits, these changes require immediate...
U.S. Customs and Border Protection Launch CAPE Tool for Tariff Refund Claims
U.S. Customs and Border Protection (CBP) has launched the Consolidated Administration and Processing of Entries (CAPE) tool to help importers and customs brokers claim tariff refunds following a landmark Supreme Court ruling. If your business paid IEEPA tariffs in...
Trump Accounts: The Future of Tax-Efficient Retirement Savings
Trump Accounts are a new type of tax-advantaged retirement account for minors, established under the One Big Beautiful Bill signed into law on July 4, 2025. With contributions of up to $5,000 per year and a potential $1,000 government seed contribution for eligible...
DOL Proposes New Independent Contractor Rule
What Employers and Workers Should Know The U.S. Department of Labor’s Wage and Hour Division announced a proposed rule intended to clarify when a worker is an employee and when the worker may be classified as an independent contractor under the Fair Labor Standards...
USPS Postmark Changes
A Tax Filing Risk Alert for Taxpayers For decades, many taxpayers have relied on a simple rule of thumb: if it is in the mail by the deadline, you are fine. However, recent U.S. Postal Service (USPS) clarification makes that assumption riskier. On Dec. 24, 2025, the...
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