Publication 5419: New Employer Tax Credits

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The IRS released a flow chart that clearly explains The Employee Retention Credit, which is designed to encourage employers to keep employees on their payroll. The IRS also released a chart detailing the Sick Leave and Family Leave credits. The charts are a simple reference for tax professionals and employers to review to determine eligibility.

The charts can be found here on the IRS website.

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Gary DeHart
Gary DeHart has worked in media for more than 25 years and has been instrumental in developing new revenue streams and business opportunities for the companies he has worked for. Prior to launching Insightful Accountant (formerly Intuitive Accountant), Gary was the Associate Publisher of Accounting Today. Prior to working in media serving the public accounting market, he worked in media for employee benefit managers and brokers, automotive design, textile manufacturing and recreational boating. In addition to being the Publisher and Managing Partner of Insightful Accountant, Gary works with select clients within the accounting market on channel development and growth. He is an Assistant Scoutmaster with the Boy Scouts of America, enjoys fly fishing, time on the beach, cooking on the Big Green Egg and spending time with his family.

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