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Final Regulations on Dependent Care Expenses under Code Section 21 (dependent care credit)

14. August 2007 10:14

The IRS released the final regulations under Code Section 21 which have a direct impact on Dependent Care Flexible Spending Accounts (FSA). These final regulations are effective August 14, 2007.

 

The proposed regulations were issued in May 2006 and you can see highlights listed in the June 2006 DataPath newsletter.

 

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