Not sure exactly what you wanted but try this
=IF(WEEKDAY(NOW())=2,"8:00 p.m.",IF(WEEKDAY(NOW())=3,"8:00
p.m.",IF(NOW()B1,NOW(),B1)))

if you want to check just in B1 change my now() to B1
--
-John Northwest11
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"Sean" wrote:

I have the formula below which states that if NOW is greater than the
Time in B1 (which is 3:00pm) then return NOW, oherwise return 3pm.

=IF(NOW()B1,NOW(),B1)

How would I construct a formula that says if the days is any day other
than Tuesday or Wednesday, then use the formula above, but if it is
Tuesday or Wednesday, then B1 should be 8:00pm?

Thanks