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All Posts  ·  Staffing Industry News

IRS Guidance Clarifies Taxability of Dependent Care FSAs Through 2022

The IRS addressed confusion over the taxability of dependent care flexible spending account funds for 2021 and 2022, clarifying that it won’t tax amounts that COVID-19 relief provisions allowed to be carried over from year to year, or that are used during an extended period for incurring claims.

Fostering the Geniuses in Your Backyard Through DE&I Efforts
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