Late in 2016, the Internal Revenue Service released an announcement to remind eligible employees to commence their tax planning to take full advantage of their employer’s health flexible spending account, also known as a flexible spending arrangement (FSA), during 2017.…
A Cafeteria Plan, sometimes called a “Flexible Spending Account” or FSA, is available to taxpayers under §125 of the Internal Revenue Code. It derives its name from the earliest plans of this form that allowed employees to choose between different…
