IRS offers more flexibility on cafeteria plans, FSAs, dependent care assistance in response to coronavirus

The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.

Original Article Posted at : https://www.accountingtoday.com/news/irs-offers-more-flexibility-on-cafeteria-plans-fsas-and-dependent-care-assistance-in-response-to-coronavirus