Recently, the IRS released Notice 2018-71 which provides an in-depth Q & A on the employer tax credit for paid family and medical leave. The tax credit applies for both 2018 and 2019 tax years.
The topics within this Q & A are:
- Eligible Employers
- Family and medical leave
- Minimum paid requirements
- Calculating and claiming the credit
Wallace Welch & Willingham provided this helpful bulletin that explains how this new guidance affects you.
If you have any questions, please don’t hesitate to reach out to your DecisionHR Business Partner at 1-888-828-5511.