Federal Article Feeds Week In Review (December 21, 2007)
Most Popular Federal Law Article
IRS Expands Medical Expense Deductions
The IRS recently issued Revenue Ruling 2007-72 expanding Internal Revenue Code Section 213(a) to allow a medical expense deduction for certain diagnostic procedures. Section 213(a) of the Code allows individuals to deduct medical care expenses which are not covered by insurance as long as the expenses exceed 7.5% of the individuals adjusted gross income. Group health plans and health flexible spending account plans often reference Section 213(a) to describe the type of benefits that may be covered by a plan.
Located On: Littler Mendelson, P.C.
Most Popular State Law Article
Important Change to California’s Pay Statement Requirements, Effective January 1, 2008.
As the New Year approaches, California employers should be mindful of an important change that will take effect on January 1, 2008, relating to information that can be listed on employee pay statements. Under California Labor Code section 226, employers must include certain itemized information on each employee’s pay statement. (This information must be provided separately for each pay period when the wages are paid by personal check or cash.)
Located On: Ogletree Deakins
Most Popular Headlines
What not to do in ‘The Office’
MSNBC - December 18, 2007