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Stimulus Bill Includes Temporary Special Rules for FSAs

Compliance, For Employers, Voluntary Benefits

On Dec. 27, 2020, President Trump signed the Consolidated Appropriations Act of 2021 into law. The Act provides temporary special rules for health and dependent care flexible spending accounts (FSAs) that give employees additional time to use these funds. Extended...

IRS Confirms ACA Pay or Play Penalties Still Apply

ACA, Compliance

HIGHLIGHTS The IRS clarified that both the individual and employer mandates continue to apply. President Trump’s executive order does not change the law. Taxpayers are still required to follow the ACA, including paying any applicable penalties. Changes to ACA...

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Compliance

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Stimulus Bill Includes Temporary Special Rules for FSAs

IRS Confirms ACA Pay or Play Penalties Still Apply

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