Paid Family and Medical Leave Employer Credit

Paid Family and Medical Leave Employer Credit


PAID FAMILY AND MEDICAL LEAVE EMPLOYER CREDIT. HI, I’M ROBYN, AND I WORK FOR THE INTERNAL
REVENUE SERVICE. DO YOU OFFER PAID FAMILY AND MEDICAL LEAVE
TO YOUR EMPLOYEES? IF SO, YOU COULD GET A TAX CREDIT. UP TO 25 PERCENT OF THE WAGES YOU PAY TO AN
EMPLOYEE WHILE THEY ARE ON FAMILY AND MEDICAL LEAVE. UP TO 12 WEEKS PER TAX YEAR. THE CREDIT APPLIES TO WAGES PAID IN TAXABLE
YEARS BEGINNING AFTER DECEMBER 31ST, 2017, AND BEFORE JANUARY FIRST, 2020. TO QUALIFY, YOU MUST MEET VERY SPECIFIC REQUIREMENTS. TO FIND OUT ALL THE DETAILS, GO TO IRS.GOV/NEWSROOM/BUSINESSES. THEN, UNDER “CREDITS”, CLICK “EMPLOYER
CREDIT FOR PAID FAMILY AND MEDICAL LEAVE.” AND IF YOU FIND THIS VIDEO HELPFUL, PLEASE
SHARE IT. THANK YOU.

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