October 26, 2020

IRS Announces 2021 Limits for Health FSAs and Transit Benefits

On October 26, 2020, the Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions. Due to low inflation, some of the […]
October 27, 2020

IRS Announces 2021 Retirement Plan Contribution Limits

On October 26, 2020, the Internal Revenue Service (IRS) released Notice 2020-79 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for […]
October 29, 2020

Do We Have to Provide Time Off to Vote?

Question One of my employees has requested time off to vote. My state doesn’t require voting leave, but this employee works in a different state, and […]
November 5, 2020

Dependent Care Spending Accounts

Autumn has arrived. It’s the time of year when working parents have questions about Dependent Care Spending Accounts (DCSAs). How do they manage their 2020 account […]