IRS Increases Standard Mileage Rate for 2025

IRS Increases Standard Mileage Rate for 2025

Starting January 1, 2025, the IRS will implement a new standard mileage rate for business-related car use. This change is in response to rising vehicle operation costs and is intended to compensate for business travel expenses fairly. The IRS still endorses the fixed...
What Is a Health Flexible Spending Account (HFSA)?

What Is a Health Flexible Spending Account (HFSA)?

Answered by the HR Experts A Health Flexible Spending Account (HFSA) is a valuable employee benefit that allows individuals to set aside pre-tax dollars from their paycheck to cover eligible healthcare expenses. This tax-advantaged account can be used to pay for...

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