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IRS Clarifies Taxation of Dependent Care Assistance Programs
Verrill Dana LLP Link to more items from this source
[Guidance Overview]
May 21, 2021

"IRS Notice 2021-26 is welcome news: DCAP participants affected by the pandemic will not be faced with surprising tax consequences as the result of 2021's temporarily increased exclusion amount or the carryover of unused funds or extended grace periods."

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