IRS Rolls Out Sweeping HSA Expansion, Touts $10.6B Crime Crackdown

Treasury, IRS provide guidance on new tax benefits for health savings account participants under the One, Big, Beautiful Bill

IR-2025-119, Dec. 9, 2025 — The Department of the Treasury and the Internal Revenue Service today issued Notice 2026-05 providing guidance on new tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill.

IRS-CI uncovers $10.6B in financial crimes

The agency's Criminal Investigation unit also identified 112% more tax fraud from the previous year.

IRS Rolls Out Sweeping HSA Expansion, Touts $10.6B Crime Crackdown

WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service moved this month to expand health savings accounts while showcasing record-setting enforcement results, signaling a dual push to broaden tax benefits for households and intensify financial crime investigations nationwide. In guidance issued on December 9, the IRS unveiled Notice 2026-05, detailing new tax benefits under the One Big Beautiful Bill that significantly widen eli…