Recordkeeping Guidance for Employers Seeking FFCRA Tax Credits
The Families First Coronavirus Response Act (the “FFCRA”), which was effective April 1, 2020 and ends December 31, 2020, provides small and midsize employers (under 500 employees) with refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick and family leave wages to their employees for qualifying leave related to COVID-19. … Read more