High Quality Payroll and HR Services

Jan 14, 2026

IRS Gives Guidance on New Tax Benefits

The Department of the Treasury and the Internal Revenue Service are providing guidance on OBBBA-expanded Health Savings Account eligibility that allows more people to save and pay for healthcare costs. Read through for more details to help you file accurately.

 

The Treasury Department and the IRS are offering guidance on OBBBA expanded Health Savings Account eligibility that allows more people to save and pay for healthcare costs.

Here are the details of the expanded HSA access:

  • Telehealth and Remote Care Services—The OBBBA made permanent the ability to receive telehealth and other remote care services before meeting the high-deductible health plan deductible while remaining eligible to contribute to an HSA, effective for plan years on or after Jan. 1, 2025.
  • Bronze and Catastrophic Plans—As of Jan. 1, 2026, bronze and catastrophic plans available through an Exchange are considered HSA-compatible, regardless of whether the plans satisfy the general definition of an HDHP.
    • This expands the ability of people enrolled in these plans to contribute to HSAs, which they generally haven’t been able to do in the past.
    • Notice 2026-05 clarifies that bronze and catastrophic plans don’t have to be purchased through an Exchange to qualify for the new relief.
  • Direct Primary Care Service Arrangements—An otherwise eligible individual enrolled in certain direct primary care service arrangements may contribute to an HSA. HSA funds may be used tax free to pay periodic DPC fees.

According to HSA solutions provider Deviner, "Supported by favorable markets, HSA assets expanded meaningfully in the first half of 2025. By midyear, assets reached nearly $159 billion across about 40 million accounts, up 16% year-over-year for assets and 6% for accounts."

Of course, this is just a brief overview of a very complex topic. Be sure to discuss HSA issues with qualified financial experts.

© 2026


 

MORE RECENT NEWS…

Oct 22, 2026

A Disaster Recovery Plan for Your Business

No one likes to think bad things will happen. But what would happen to your business if there was a fire in your office? Read through to learn why having a disaster recovery plan in place can give you peace of mind.


Oct 21, 2026

Get a Tax Break If You Launch a 401(k)

Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for the ordinary and necessary costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) Read through to see how your business can benefit.


Oct 20, 2026

IRS Warnings About Payroll Scams

Human resources and payroll departments lacking strong internal controls are vulnerable to cybercrimes. This is not just a tax-season problem. Read through for IRS warnings on HR and payroll tax scams that continue to plague businesses.


Oct 19, 2026

Terminating Employees: Watch the Laws Carefully

Terminating employees before they reach an important work-related milestone can result in legal consequences on your end. Don't find yourself in hot water! Read through to see how at-will employment works.




More News & Press can be found in our Archive.


Panacea Payroll

3277 West Ridge Pike
Suite A101
Pottstown, Pennsylvania 19464

610-310-7615


Payroll solutions and HR support for the cannabis and medical marijuana industry