Last night, I spent a couple of hours researching a fine point on Flexible Spending Accounts, that provision of the IRS Code that allows some of us to put aside some untaxed money to pay for medical expenses. It's a great crap shoot in that you really have to predict the unpredictable - your health - in order to get it right. That's another story.
What struck me in my search for the facts was how much the web forest has overgrown the truth. In my case, I was looking for reasonably reliable information on a proposed IRS rule and on the management of FSA plans by employers. I never did find the latter, although I may have found a couple of places that - with proper payment - might have let me look at what they offer, but I am not their target; employers are.
For the former, the proposed IRS rule, I wound up being bounced by the IRS to Cornell and could not track down what happened to a proposed 2007 regulation. While I am a lawyer, I do not consider myself to be a tax lawyer and have not researched in that arena for a long time. Finally, it popped up almost inadvertently.
In the end, it would have been more fun to go to a well-equipped local library and look it up there in some real books.
What struck me in my search for the facts was how much the web forest has overgrown the truth. In my case, I was looking for reasonably reliable information on a proposed IRS rule and on the management of FSA plans by employers. I never did find the latter, although I may have found a couple of places that - with proper payment - might have let me look at what they offer, but I am not their target; employers are.
For the former, the proposed IRS rule, I wound up being bounced by the IRS to Cornell and could not track down what happened to a proposed 2007 regulation. While I am a lawyer, I do not consider myself to be a tax lawyer and have not researched in that arena for a long time. Finally, it popped up almost inadvertently.
In the end, it would have been more fun to go to a well-equipped local library and look it up there in some real books.
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