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  • Writer's pictureBenefit Administrators

IRS Issues Guidance on Tax Credits for COVID-19 Paid Leave

Updated: Apr 22, 2020

Employers with fewer than 500 employees may begin using two new refundable payroll tax credits to obtain reimbursement for the costs of providing coronavirus-related leave to their employees, the U.S. Department of Labor (DOL) and Internal Revenue Service (IRS) announced on March 20, 2020.

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