IRS FAQs Provide Guidance about the Paid Family and Medical Leave Tax Credit

“The IRS has issued FAQs that provide guidance to employers on the Paid Family and Medical Leave Tax Credit which was created by the Tax Cuts and Jobs Act of 2017.

 

Background: The FMLA Tax Credit, as provided under Internal Revenue Code Section 45S, enables eligible employers to claim a general business tax credit of up to 25 percent of the wages paid to qualifying employees while they are on Family and Medical Leave, subject to certain conditions.” Read more The Wagner Group

By |2018-06-01T10:45:26+00:00June 1st, 2018|2018 News, News|