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TAX ALERT |
President Trump signed the Families First Coronavirus Response Act (the Act) late on March 18, 2020, soon after the Senate passed the amended House bill sent to the Senate on March 17, 2020.
The Act covers a broad array of programs and funding in response to the COVID-19 emergency. Many of these do not directly affect employers. However, parts of the Act focus on two types of mandatory paid leave for employees and on tax credits to help employers pay for the mandatory paid leave.
There are different paid leave types and amounts based on the reasons that the employees are unable to work, if the need for the leave arises out of the COVID-19 emergency. The mandatory paid leave amount varies based on the type of paid leave taken and based on the reason the employee is unable to work. Employers may have to make the determination of the amount and duration of mandatory paid sick leave based on an individual employee’s facts.