MEDIA ALERT: Tax Implications of New Employee Options for Employer Health Plans and Flexible Spending Accounts Announced by the IRS in Response to Covid-19
Wolters Kluwer Tax & Accounting: What: With many employees furloughed or on reduced hours due to the Covid-19 pandemic, the Internal Revenue Service (IRS) has announced new options for employees to make mid-year employer health plan elections and flexible spending accounts elections and extend the grace period for flexible spending accounts......