On 29 January 2021, the U.S. IRS issued releases providing updated guidance on paid sick and family leave credits and disaster relief contributions.
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IRS updates FAQs on paid sick leave credit and family leave credit
IR-2021-26, January 29, 2021
WASHINGTON — The Internal Revenue Service today posted updated FAQs about recent legislation that extended and amended tax relief to certain small- and mid-sized employers under the Families First Coronavirus Response Act (FFCRA). The FAQs are…