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COVID-19

Coronavirus (COVID-19) News & Announcements

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Friday, March 20, 2020

Friday, March 20, 2020
Treasury, IRS and Labor Announce Plan to Implement Coronavirus-Related Paid Leave for Workers and Tax Credits for Small and Midsize Businesses

The U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under the Families First Coronavirus Response Act (Act), signed by President Trump on

IRS

(0) Comments Montgomery Alabama MGM Montgomery AL Montgomery COVID-19 Coronavirus City of Montgomery Cautious but Ready #keepMGMworking U.S Treasury Department IRS Internal Revenue Service U.S Department of Labor

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