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IRS Expands Credit for Employers Offering Paid Leave for Vaccine

July 29, 2021, 7:16 PM

Employers can now claim tax credits for providing paid leave to employees who take household members to vaccination appointments or care for them as they recover from the shot, according to new guidance from the IRS and Treasury Department.

This expands on previous guidance that noted the credits were available to employers, such as businesses and tax-exempt organizations with fewer than 500 employees, that provide paid leave to employees receiving or recovering from Covid-19 vaccinations. The relief was part of the American Rescue Plan (Public Law 117-2) enacted in March.

  • “Today’s expanded guidance gives employers further opportunity to support ...

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