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Even though the popularity of HSAs has grown substantially over the past few years, the government that designed the product is slowly trying to destroy it.
His agency under relentless fire, the new head of the Internal Revenue Service acknowledged to Congress on Monday that American taxpayers no longer trust the IRS amid a growing number of scandals from the targeting of conservative political groups to lavish spending on employee conferences.
A provision of the law that hasn't gotten much attention subjects employers to penalties for offering fully insured plans to highly compensated employees.
The storm engulfing the Internal Revenue Service over the targeting of conservative political groups could provide a boost for lawmakers who want to rewrite the nation's tax laws.
The Internal Revenue Service is feeling the sort of heat that targeted taxpayers feel from the tax agency. It's the sense that a powerful someone is breathing down your neck.