Payroll Family Leave Credit Archives

American Rescue Plan Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines
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American Rescue Plan Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines

Coronavirus, Corporate Taxes, IRS, Payroll Family Leave Credit, Payroll Sick Leave Credit, Self-Employed, Self-Employed Family Leave Credit, Self-Employed Sick Leave Credit, Small Business, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes

American Rescue Plan Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines

This article was published by the IRS. The Internal Revenue Service and the Treasury Department have announced further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations. The additional details, provided in a fact sheet, spell out some basic facts about the [...]

cozbycpa2021-05-26T10:30:07-04:00May 26th, 2021|Categories: Coronavirus, Corporate Taxes, IRS, Payroll Family Leave Credit, Payroll Sick Leave Credit, Self-Employed, Self-Employed Family Leave Credit, Self-Employed Sick Leave Credit, Small Business, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes|Tags: American Rescue Plan Act of 2021, American Rescue Plan tax credits available to small employers to provide paid leave to employees receiving COVID-19 vaccines, ARP tax credits, Cozby & Company, CPA Heather Cozby, IRS Form 7200 Advance Payment of Employer Credits Due to COVID-19, paid leave for employees receiving COVID-19 vaccinations, refundable tax credits that reimburse employers for the cost of providing paid sick and family leave to their employees due to COVID-19, tax credits against the employer's share of the Medicare tax|

Who Qualifies for Which New Employer Tax Credit?

This article was published by the IRS. Many businesses affected by COVID-19 qualify for tax relief though credits or deferrals. Here's a breakdown of which employers qualify for these new tax credits and the deferral of employment tax deposits and payments through December 31, 2020. Credits for paid sick and family leave Businesses and tax-exempt organizations [...]

Who Qualifies for Which New Employer Tax Credit?

This article was published by the IRS. Many businesses affected by COVID-19 qualify for tax relief though credits or deferrals. Here's a breakdown of which employers qualify for these new tax credits and the deferral of employment tax deposits and payments through December 31, 2020. Credits for paid sick and family leave Businesses and tax-exempt organizations [...]

Employers Can Grant Paid Leave for COVID-19
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Employers Can Grant Paid Leave for COVID-19

Coronavirus, Corporate Taxes, IRS, Payroll Family Leave Credit, Payroll Sick Leave Credit, Self-Employed, Small Business, Tax Credits, Tax Relief, Taxes

Employers Can Grant Paid Leave for COVID-19

This article was published by the IRS. Under the Families First Coronavirus Response Act, employers can grant paid leave for an employee to take care of their health needs related to COVID -19 or to care for their family members. This relief helps ensure employees are not forced to choose between being paid or staying home [...]

cozbycpa2020-07-15T10:33:59-04:00July 15th, 2020|Categories: Coronavirus, Corporate Taxes, IRS, Payroll Family Leave Credit, Payroll Sick Leave Credit, Self-Employed, Small Business, Tax Credits, Tax Relief, Taxes|Tags: Cozby & Company, employers can grant paid leave for COVID-19, Families First Coronavirus Response Act, paid family leave to care for child, paid sick leave for workers, Plymouth MA CPA Heather Cozby|

Be Aware of the Three New Credits Available to Many Businesses Hit by COVID-19

This article was published by the IRS. Employers affected by COVID-19 can take advantage of three important new credits available to them. Employee Retention Credit: The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible [...]