Tax Considerations on Abortion-Related Travel Benefits
SHRM
July 8, 2022
Amy Sheridan was quoted in the article, "Tax Considerations on Abortion-Related Travel Benefits," published by SHRM on July 8.
The article discusses how employers that are amending their health benefit plans to facilitate access to abortion will need to consider the tax treatment of abortion-related travel benefits, following the U.S. Supreme Court's ruling on state abortion restrictions.
"At least for now, where abortions are legal, payment or reimbursement by a plan should not be taxable," said Amy. "But where abortions are illegal, it may be that plan coverage results in the benefit being taxed."