IRS Provides Guidance on Eligible Products (7/28/2009)

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  New SIGIS "How To" Frequently Asked Questions Now Available

"HOW TO" FAQs are now available to help you by providing simple step by step instructions in response to your questions on membership, the certification program and self-registration for the 90% program. Some common questions:

  • How do I become a Member and obtain a password?
  • How do I become Certified or Self registered?
  • How do I access the Eligible Products List?

For answers to these questions and more, SIGIS has developed a new FAQ page. To access this new information, please click here.


New Electronic TPS Client Merchant Certification Form

As a reminder, the IRS deadline for drug store and pharmacy merchants to support an IIAS solution or file for the 90% Rule is June 30th, 2009 if they wish to continue processing FSA card transactions. If you are a SIGIS member and wish to use the SIGIS solution, you need to become IIAS Certified or file for the 90% Registration prior to this date to avoid interruption in FSA payment card transaction processing. In conjunction with those dates:

SIGIS is pleased to announce the new online form for IIAS certification for TPS merchants. This new form simplifies the process and provides for quicker certification.

Learn More about the SIGIS TPS Client Merchant Program.

SIGIS Members Access the TPS Client Merchant Form.


  90% Rule Program

SIGIS is pleased to announce support for drug stores and pharmacies that meet IRS requirements that on a store location by store location basis, 90% of the store's gross receipts during the prior taxable year consisted of items which qualify as medical expenses (including over-the-counter eligible healthcare items). Effective now, drug stores and pharmacies that are SIGIS members can register their stores.

Learn More about the SIGIS 90% Rule Program.

SIGIS Members Register for 90% Rule.

   
 
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