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Memorial Day Message 2020

To Our Friends and Fellow Americans,  The exact date, name, and location of the original Memorial Day observance has been debated for more than 150 years. Memorial Day’s many changes were resolved by the passage of the Uniform Monday Holiday Act which mandated in 1971, Memorial Day would occur on the last Monday in May.   www.history.com/topics/holidays/memorial-day-history    Wednesday, May …

changes to section 125 cafeteria plans

The IRS has just released two new sets of rules impacting Section 125 Cafeteria Plans.  Notice 2020-33 provides permanent rule changes and  Notice 2020-29 provides temporary rule changes. The relief provided under each notice is totally optional for employers. Employers who choose to take advantage of any of the offered plan options will be required to notify all …