IRS Publication 502
Trade Associations Send Joint Letter Regarding FSA/HSA Proposals
The American Herbal Products Association (AHPA), the Council for Responsible Nutrition (CRN), the Consumer Healthcare Products Association (CHPA) and the United Natural Products Alliance (UNPA) sent a joint letter to the Internal Revenue Service (IRS) to obtain coverage for dietary supplements under Flexible Spending Accounts (FSAs) and Healthcare Savings Accounts (HSAs). There is also a ...
NPA Urges IRS to Include Supplements as Qualified Medical Expenses
The Natural Products Association (NPA) urged the Internal Revenue Service (IRS) to modernize IRS Publication 502 to expand “qualified medical expenses” to include nutritional and dietary supplements that carry U.S. Food and Drug Administration (FDA)-authorized health claims or structure-function claims. This update would allow consumers to use their Health Savings Accounts (HSAs), Flexible Spending Accounts ...
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