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The Treasury Releases 2019-2020 Priority Guidance Plan

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The Treasury Releases 2019-2020 Priority Guidance Plan
By Karen Hsu, Director of Compliance at United Benefit Advisors
Dec 5, 2019 8:35:00 AM

The Treasury released its 2019-2020 Priority Guidance Plan (Priority Guidance Plan) that sets forth guidance priorities for the Treasury and the Internal Revenue Service (IRS) during the twelve-month period from July 1, 2019, through June 30, 2020.

The Priority Guidance Plan lists several priorities, including guidance under Section 125 on health flexible spending accounts (HFSAs), guidance on contributions to and benefits from paid family and medical leave programs, and guidance on the Cadillac tax.

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