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Employer Tax Credit

2019 – 08/26 Attention employers! You may be able to reduce the tax you owe with a valuable credit. It’s called the employer credit for family and medical leave. Among other things, to be eligible, you must have a written policy that meets certain requirements and provide at least two weeks of paid family and medical leave to full-time employees and prorated leave to part-time employees. Pay must equal at least 50% of the employee’s normal wages. The credit is a percentage of leave pay, ranging from 12.5% to 25%, and is available for wages paid after Dec. 31, 2017, and before Jan. 1, 2020. For more details: https://bit.ly/2L2TYwg

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