The American Rescue Plan Act of 2021 (ARP) allows employers to claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations.
The U.S. Equal Employment Opportunity Commission (EEOC) launched its annual EEO-1 data collection process earlier this month. The mandatory data collection process requires all private-sector employers with 100 or more employees and federal contractors with 50 or more employees meeting certain criteria to submit demographic workforce data, including data by race/ethnicity, sex, and job categories.
The Internal Revenue Service issued guidance for employers claiming the Employee Retention Credit under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Relief Act).
With the pandemic continuing to affect business worldwide, remote work has become not only a necessity but a productive, flexible, and empowering way to work. Companies are having to decide how to incorporate remote work into their new normal for the long-term.