2020 limits Archives - Employee Benefits I AP Benefit Advisors

IRS Announces 2020 Contribution Limits for Health Care FSAs and Qualified Transportation Plans

Today, the Internal Revenue Service announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes (generally referred to as cost-of-living increases).  Revenue Procedure 2019-44 provides details about these annual adjustments. The 2020 tax items of greatest interest to our clients that are […]