WEX blogs
Explore our blogs with the latest industry news and on-topic insights for payments, fuel cards, fleets, and employee benefits.

Employers
Why FSA substantiation matters and what to look for
April 23, 2025
The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. The IRS emphasized these requirements and potential penalties for employers not meeting the requirements when releasing an Office of the Chief Counsel memorandum detailing medical expense claim substantiation for medical FSAs and dependent care FSAs. […]
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