IRS Rules Issued on Paid Family and Medical Leave Credit

by MICPA | Sep 25, 2018   ()
The IRS announced on Monday that eligible employers who provide paid family and medical leave to their employees may qualify for a new business credit for tax years 2018 and 2019. Notice 2018-71 provides detailed guidance on the new credit in a question and answer format. The credit was enacted in the 2017 Tax Cuts and Jobs Act.

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Source: IRS
Source: IRS

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