News & Analysis as of

Sick Leave Coronavirus/COVID-19 Tax Planning

Akerman LLP - HR Defense

Paid Leave and Payroll Tax Credits Under the American Rescue Plan

Employers wading through the $1.9 trillion American Rescue Plan Act may be wondering how it impacts paid leave and payroll tax credits made available under the Families First Coronavirus Response Act (FFCRA), enacted back in...more

Littler

Latest COVID-19 Relief Package Provides Tax Credits for Voluntary Paid Sick and Family Leave

Littler on

On March 11, 2021, President Biden signed H.R. 1319, the American Rescue Plan Act of 2021, which extends tax credits for private employers with 499 or fewer U.S. employees that voluntarily decide to provide emergency paid...more

Akerman LLP - HR Defense

UPDATE: Payroll Tax Credits for Paid Leave Under the FFCRA Extended Through March 31, 2021

The pandemic relief package enacted by Congress in late December briefly extended the available payroll tax credits for leave provided under the Families First Coronavirus Response Act (FFCRA) through March 31, 2021....more

Akerman LLP - HR Defense

Claiming Payroll Tax Credits for Paid Leave Under the Families First Coronavirus Response Act

The paid leave requirements under the Families First Coronavirus Response Act (FFCRA) will end on December 31, but employers should take steps now to claim the associated tax credits for any required leave they provided to...more

Bricker Graydon LLP

[Webinar] HR Benefits and Tax Opportunities during COVID-19 - November 10th, 12:00 pm - 1:00 pm EST

Bricker Graydon LLP on

Bricker & Eckler’s annual “Hot Topics” seminar is going virtual this year! This series provides human resources professionals and in-house attorneys with insight into ongoing and emerging labor and employment issues. We...more

Mintz - Employment Viewpoints

COVID-19 Telecommuting Tax and Leave Issues for Employers

Months into the COVID-19 pandemic, many employer telecommuting arrangements remain in place, with several large corporations opting to extend these arrangements well into 2021. The benefits of such arrangements have been...more

Troutman Pepper

Revised Summary of CARES Act and FFCRA Tax Credit and Payroll Tax Relief

Troutman Pepper on

This is an update to our “Summary of CARES Act and FFCRA Tax Credit and Payroll Tax Relief” chart published on May 21, 2020, that summarizes the payroll and tax credit programs under the Coronavirus Aid, Relief, and Economic...more

Foodman CPAs & Advisors

Small and Midsize Employers can begin taking advantage of Two New Refundable Payroll Tax Credits

Coronavirus tax relief for Employers is important.  When employers pay their employees, they are required to withhold from their employees’ paychecks federal income taxes and the employees’ share of Social Security and...more

Carlton Fields

Planning to Claim the COVID-19-Related Tax Credits

Carlton Fields on

This article intends to help your payroll or finance departments prepare to take advantage of the employment tax credits provided by the Families First Coronavirus Response Act (FFCRA), signed into law on March 18, 2020....more

Kramer Levin Naftalis & Frankel LLP

Payroll Tax Credits for Paid Sick Leave and Child Care Leave Authorized for Eligible Employers with Workers Impacted by the...

On March 18, 2020, President Trump signed the Families First Coronavirus Response Act (H.R. 6201) (the Act) into law, authorizing certain relief to employees and small and midsize businesses pertaining to the COVID-19...more

Ballard Spahr LLP

Senate Passes House Coronavirus Bill With Tax Credits for Employers and Self-Employed Individuals for Payments of Sick Leave and...

Ballard Spahr LLP on

On Wednesday, March 18, 2020, the Families First Coronavirus Response Act (FFCRA or the Act) became law. While only a small portion of the Act affects taxes, the Act provides federal tax credits for paid sick leave and family...more

Akin Gump Strauss Hauer & Feld LLP

Policy Proposals for Coronavirus Stimulus Measures

Trump Administration – President Donald Trump and his senior economic advisers are considering several additional measures to address the economic impact of the 2019 novel coronavirus (COVID-19) after signing an $8 billion...more

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