As the COVID-19 pandemic continues, we have received and reviewed many of your concerns. Just as you are learning to adapt and adjust, FBA is doing the same, and we are still dedicated to being a trusted source for you.  The Coronavirus Aid, Relief and Economic Security Act (CARES) has permanently reinstated some over-the-counter products […]

Earlier today, the IRS issued Notice 2020-15, which allows high-deductible health plans (HDHPs) to cover the testing and treatment for the Novel Coronavirus (COVID-19) pre-deductible. This will allow for any expense that goes towards testing and treatment of COVID-19 to be considered a qualified medical expenses under an HDHP, and affected individuals can use their […]

Introduction As more companies begin to offer pre-tax deductible plans it’s important that employees learn what they are all about. The word “deduction” can be a scary word when it comes to your paycheck. As experts in pre-tax plans, we are here to explain what exactly a pre-tax plan means for you and your paycheck. […]

The IRS has announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. You can view updates pertaining to our administration services below or you can visit the IRS website for further information. Please reach out to us with any questions at […]

The last month here at FBA we have completely revamped our community outreach program. Every month we have decided to choose one organization to partner with to donate and raise awareness for their cause. We have noticed that our employees enjoy being able to help the community while at work. It gives them all the […]