Article
Worth The Wait: After 45 Years, Dependent Care Assistance Programs Finally Get Regulations
After 45 years, the IRS has issued proposed regulations providing detailed guidance on nondiscrimination testing for dependent care assistance programs (DCAPs), including new correction mechanisms and clarifications on eligibility, contributions, and benefits testing. The regulations also address employer contributions and nondiscrimination rules for Trump Accounts.
Seyfarth Shaw LLP