16 Jun IRS Posts FAQs on ARP Tax Credits for Paid Sick and Family Leave
Posted at 16:11h in COVID-19, HR and Operations 0 Comments[wpseo_breadcrumb]
The U.S. Dept. of Labor (DOL) has issued two additional Q&As regarding employee leave under the Families First Coronavirus Response Act (FFCRA).
Q&As 104 and 105 were issued on Dec. 31, 2020. They address employees’ entitlement to FFCRA leave after Dec. 31, 2020, and their right to payment for FFCRA leave taken before Dec. 31, 2020.
The changes affect questions in all 13 of the subtopics covered by the FAQs.
Refundable tax credits are available to businesses for employee paid leave taken under the federal Families First Coronavirus Response Act (FFCRA), enacted in March 2020 and effective through Dec. 31, 2020.