Vigilant Blog

News, trends and analysis in employment law, HR, safety & workers' comp

Jun 17, 2021

IRS updates FAQs for paid leave tax credits under ARPA

COVID-19Leave Laws 

The IRS recently updated their FAQs to address tax credits available to eligible employers who voluntarily provide leave under the Families First Coronavirus Response Act (FFCRA) between April 1, and September 30, 2021, pursuant to the American Rescue Plan Act of 2021 (ARPA). As we previously reported, ARPA extended the optional FFCRA tax credits through September 30, 2021. The new FAQs address such questions as how to claim the tax credits, how to calculate the amount of tax credits, and what documentation must be retained to substantiate the need for leave. For specific questions related to these tax credits, consult with your tax adviser. See also our Model Policy, Families First Coronavirus Response Act Policy, and Model Form, Families First Coronavirus Response Act Leave Request Form.

This website presents general information in nontechnical language. This information is not legal advice. Before applying this information to a specific management decision, consult legal counsel.

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