On May 12, 2020, the Internal Revenue Service (IRS) announced it was relaxing the rules for dependent care FSAs. COVID-19’s forced closures of day cares, canceled after-school programs and spring break and summer camps, and the ensuing shift in families’ needs for dependent care made it critical for enrolled families to be able to change their dependent care contributions. Prior to this change, families would forfeit unused funds at year’s end: a shame, especially now, when every dollar counts. So the IRS responded.
May 13, 2020 by Paul Legutko
May 12, 2020 by Eric Weisburg
Software audits are unavoidable and hard to budget for. IT organizations have little to no say in their timing, and the ultimate cost of an audit is challenging to predict. But action can be taken to reduce the likelihood of audits and to minimize their impact.
May 11, 2020 by Jim Klotz
