Jury Sides With South Florida Business in Court Battle Over Paid Sick Leave nbcmiami.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcmiami.com Daily Mail and Mail on Sunday newspapers.
To embed, copy and paste the code into your website or blog:
The American Rescue Plan Act of 2021 (ARP) allows certain businesses (generally, employers with fewer than 500 employees and non-federal governmental employers) to claim refundable tax credits as a reimbursement for the cost of providing paid sick and family leave from April 1, 2021 through September 30, 2021 to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations. Self-employed individuals are eligible for similar tax credits.
The paid leave credits under the ARP are tax credits against the employer’s share of the Medicare tax and are refundable (allowing the employer to reimbursement of the full amount of the credits if it exceeds the employer’s share of the Medicare tax).
On May 28, 2021, Massachusetts Governor Charlie Baker signed House Bill 3702 An Act Providing for Massachusetts COVID-19 Emergency Paid Sick Leave (“Act”) into law after initially.
Effective May 28, 2021, Massachusetts employers are required to provide paid leave for employees who are unable to work for reasons related to COVID-19 ("COVID Leave").
To embed, copy and paste the code into your website or blog:
The American Rescue Plan Act of 2021 (ARPA) extends tax credits to those employers who voluntarily choose to provide paid leave benefits to employees under the Families First Coronavirus Response Act (FFCRA).
As you may recall, beginning January 1, 2021, employers with fewer than 500 employees could voluntarily provide paid leave to employees according to the FFCRA for certain qualifying reasons and receive tax credits for the paid leave. The ARPA has extended employers’ eligibility for tax credits through September 30, 2021. However, the ARPA contains new non-discrimination rules stating that FFCRA tax credits will not be made available to employers who discriminate in favor of highly compensated employees, full-time employees, or employees on the basis of tenure.