2017 IRS dollar limits: What’s new, what’s the same
The IRS has released some 2017 dollar amounts hat you’ll need for your payroll system. The maximum amount an employee can contribute to a flexible spending account is $2,600, up from $2,550 in 2016. The income exclusion for adoption assistance is $13,570, increasing from $13,460. Phase out starts when an employee’s adjusted gross income exceeds [...]