The coronavirus (COVID-19) relief bill signed into law by President Donald Trump on March 18 contains several tax credits for employers who provide paid sick, family or medical leave for their employees who miss work for various coronavirus-related reasons. The Families First Coronavirus Response Act, H.R. 6021, passed the U.S. House of Representatives on March 16and the Senate on March 18.
Subject to certain limitations, the bill provides an employer payroll tax credit equal to 100% of the qualified family leave wages paid by the employer under the portion of the bill known as the Emergency Family and Medical Leave Expansion Act.
The bill also provides, subject to certain limitations, an employer payroll tax credit that equals 100% of the qualified sick leave wages paid by the employer under the Emergency Paid Sick Leave Act. Find the details here.