FFCRA Leave Tax Credits Extended, but Protected Leave Rights Set to Expire in 2020
By EsqSocial Corporation 29/12/20
On Sunday, December 27, 2020, President Trump signed the latest round of COVID-19 legislation, the 5,500-page Consolidated Appropriations Act, 2021 (the Act). The Act, which was passed by Congress on December 21, updates the tax credit provisions of the Families First Coronavirus Response Act (FFCRA), extending their availability to employers until March 31, 2021. Employers may continue to apply for tax credits for employee leaves taken under the FFCRA through that date. Notably, the Act does...
By: Manatt, Phelps & Phillips, LLP