IRS 2025 Tax Update: FSA Contributions Now Eligible for Waiver – Full Details
In a significant move to provide financial relief, the Internal Revenue Service (IRS) has introduced a tax waiver for contributions made to Flexible Spending Accounts (FSAs) in the 2025 tax year. This new initiative allows eligible employees to allocate a portion of their salary to an FSA, tax-free, helping them cover essential medical expenses. By … Read more