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IRS and DOL Unveil Employer Tax Credits for Coronavirus-Related Leaves

Apr 01, 2020

Employers with fewer than 500 full-time or part-time employees can quickly begin taking advantage of two new refundable payroll tax credits designed to reimburse them, dollar for dollar, for the cost of providing leave to employees affected by COVID-19, the respiratory illness caused by the coronavirus. The Internal Revenue Service (IRS) and the Department of Labor (DOL) unveiled the plan in a March 20 press release. (Reade More)

Article By: Stephen Miller, CEBS SHRM

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