To encourage employers to provide eligible employees with paid leave under the FMLA, the new tax law provides them with a new business credit equal to 12.5% of the amount of wages paid to “qualifying employees” during any period in which such employees are on family and medical leave as long as the rate of payment under the program is at least 50% of the employee’s normal wages.
The New Tax Act has some gifts for employers who have employees on leave
April 3, 2018
Tags: Arrow Benefits Group, benefit consultants, benefit management, california, california benefits broker, employee benefits, employee benefits california, FLMA
