Families First Coronavirus Response Act
(Updated March 30, 2020)
Customers who are required to provide COVID-19 related leave to their employees should investigate whether they are eligible for tax relief based on the cost of such leave. The Department of Labor and IRS have established two refundable payroll tax credits for small and midsize employers designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing COVID-19 related leave to their employees. The attached press releases from the Department of Labor provides guidance regarding eligibility and other criteria: https://www.dol.gov/newsroom/releases/osec/osec20200320