Your Patience Paid Off: IRS Releases Guidance on FSA Flexibility under the CAA
We anticipated that the IRS would issue additional guidance on the temporary FSA changes permitted by the Consolidated Appropriations Act, 2021 (“CAA”). On February 18, 2021, it did. This client alert summarizes this IRS guidance, which was released in Notice 2021-15. (For a summary of the changes allowed by the CAA, see our client alert […]