Are you an employer who has struggled with the negative lingering effects of the Coronavirus Pandemic?
federal tax credit
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In March of 2021, Congress passed the American Rescue Plan Act (ARPA) and expanded the Child Tax Credit (CTC) temporarily.
Employers can begin taking advantage of refundable tax credits to reimburse them for the costs of providing leave taken by employees to receive or recover from COVID-19 vaccinations.
As an individual, you have several tax relief options:
The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and medical leave to their employees.