A valuable employer tax credit is extended, but modified, for 2021. Under the Families First Act, certain employers were obligated to provide paid sick and family leave to employees affected by COVID-19 from April through December 2020. Employers who provided such leave then qualified for refundable employment tax credits to help mitigate the cost. The Consolidated Appropriations Act, signed into law in December, extends the availability of those credits through March 31, 2021, for voluntarily provided paid sick and family leave, but it removes the requirement for employers to offer such leave. Contact us with questions, or learn more here: https://bit.ly/3hKBdNM
Call or visit our website for more information! www.mjscpa.com/
