<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=118459&amp;fmt=gif">
Show all

New FAQs Issued for Paid Employee Leave Tax Credits

New FAQs Issued for Paid Employee Leave Tax Credits

.5 minute read

The IRS released new FAQs about tax credits for employers who voluntarily provide paid employee leave under the Families First Coronavirus Response Act (FFCRA). The paid sick and family leave requirements expired under FFCRA on December 31, 2020, but the American Rescue Plan (ARP) extended the tax credits through September 30, 2021.

There are 123 new FAQs which include topics like how to claim tax credits, how to file for and calculate credit amounts, and how to receive advance payments and refunds.

Download the bulletin for more details.

 

This blog is intended to be a compilation of information and resources pulled from federal, state, and local agencies. This is not intended to be legal advice. For up to the minute information and guidance on COVID-19, please follow the guidelines of the Centers for Disease Control and Prevention (CDC) and your local health organizations.

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

COVID-19: Returning to Work Employer Downloads
June 25, 2021
Policies to Review Before Returning to Work
June 25, 2021
Bill Enright

Bill Enright

Bill Enright believes in bottom-line honesty while empowering his customers with the knowledge they need to feel confident in their decisions. He is a 30+ year veteran with employee benefits expertise from insurance carrier to benefits consultant. Bill has been published on the topic of healthcare reform and has served on advisory committees and insurance reform lobbying groups at the state and national level. As an Employee Benefit Consultant in the Midwest Region, Bill will be working with both public and private sector schools, cities, and counties in Wisconsin. He is a licensed insurance agent and is a Certified Patient Protection and Affordable Care Act Professional (National Association of Health Underwriters).