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IRS Clarifies COVID-19 Relief for FSAs and DCAPs

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Manage episode 286848039 series 1411450
Content provided by Lipscomb and Pitts Insurance, Pitts Insurance, and Sarah Gillespie | Producer: Andrew Bartolotta. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lipscomb and Pitts Insurance, Pitts Insurance, and Sarah Gillespie | Producer: Andrew Bartolotta or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

While the Consolidated Appropriations Act (CAA) favorably addressed options for employers to extend to employees with year-end balances in their health and dependent care flexible spending accounts, the Act left many questions unanswered in regard to the mechanics and potential tax consequences of these accommodations.

  continue reading

84 episodes

Artwork
iconShare
 
Manage episode 286848039 series 1411450
Content provided by Lipscomb and Pitts Insurance, Pitts Insurance, and Sarah Gillespie | Producer: Andrew Bartolotta. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lipscomb and Pitts Insurance, Pitts Insurance, and Sarah Gillespie | Producer: Andrew Bartolotta or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

While the Consolidated Appropriations Act (CAA) favorably addressed options for employers to extend to employees with year-end balances in their health and dependent care flexible spending accounts, the Act left many questions unanswered in regard to the mechanics and potential tax consequences of these accommodations.

  continue reading

84 episodes

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