The Consolidated Appropriations Act of 2020 (CAA) was signed into law by President Trump on December 27, 2020. Among many other things, this law creates the option for employers to provide COVID-19 relief to both health and dependent care flexible spending arrangement account holders for 2021.

Child care expenses have spiked by more than 40% during the pandemic, soaring to more than $14,000 annually per child.

To be invaluable to a company aiming to grow, become an agile CFO, one who knows when to be a traditional risk-mitigator, and when to be a team captain and champion.