Remove Bonuses Remove Hospitality Remove Paid Sick Leave Remove Taxes
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Your COVID-19 payroll questions, our answers

Business Management Daily

Or you could adopt the acronyms from the Families First and CARES Act: EPSL for employees on emergency paid sick leave. EFMLA for employees on emergency paid FMLA leave. ERTC for employees for whom you will be taking the employee retention tax credit. A: The wages are taxable and subject to withholding.

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Update: What you need to know about pandemic leave policies in 2021

Business Management Daily

Bonuses were the order of the day. Paid leave evolved from a rare benefit to mandatory expenditure. And employees quickly came to expect that paid leave would become an entitlement. The year-end stimulus package Congress approved extended employer tax credits to pay for paid leave to March 31, 2021.