Employee Relations, HR Management
FFCRA payroll tax credit extended through March – HR Affiliates Blog
First passed in Congress in March 2020, the Families First Coronavirus Response Act (FFCRA) payroll tax credit has been extended. Slated to end on December 31, 2020, the FFCRA can now provide employees with Emergency Paid Sick Leave (EPSL) and Expanded Family and Medical Leave (EFML) while offering eligible employers a payroll tax credit through March 31, 2021.
What you should know about the FFCRA payroll tax credit extension
- The extension does not provide additional EPSL or EFML. Employers cannot grant more leave time and still receive the tax credits.
- Employers are not required to extend leave time beyond December 31, 2020. The tax credit extension is an incentive for employers to encourage their employees to exhaust any accrued FFCRA leave time by March 31, 2021.
- Employees who take FFCRA leave in 2021 retain all rights written in the original legislation, including protection from retaliation for taking remaining leave time.
For more information about the FFCRA and the payroll tax credit extension, contact us today.