Tax Credit for Employers Who Give Employees Paid Leave for Covid Vaccination and Recovery
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Tag(s): COVID-19, June 2021 Newsletter
The American Rescue Plan Act of 2021 (ARP) allows small and mid-size employers, and certain governmental employers, to claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations. The ARP tax credits are available to eligible employers that pay sick and family leave for leave from April 1, 2021, through September 30, 2021.
This is part of our June 2021 Newsletter.
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