Families First Coronavirus Response Act: Credit for Sick and Family Leave
Many businesses that have been severely impacted by coronavirus (COVID-19) will qualify for two new employer tax credits – the Credit for Sick and Family Leave and the Employee Retention Credit. The FFCRA, as amended by the COVID-related Tax Relief Act of 2020, provides small and midsize employers (fewer than 500 employees) refundable tax credits that reimburse […]