Coronavirus Impact Updates

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Brief Summary of Tax Provisions in Families First Coronavirus Response Act (H.R. 6201)

Posted In Corporate and Business, Tax

Coronavirus

Tax Credits for Paid Sick and Paid Family and Medical Leave

  • The Act provides 100 percent refundable tax credits to employers with regard to two categories of paid sick and family leave (described below) that employers must grant to employees under the Act to address employment interruptions related to COVID-19.

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