Carmagnola & Ritardi, LLC
Experienced Employment Defense For New Jersey Businesses
973-267-4445
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October 2018 Archives

Paid family and medical leave can mean a tax credit for employers

If your company has been considering offering paid family and medical leave, now may be the time to act. According to the IRS, the Tax Cuts and Jobs Act established a tax credit for businesses that offer such leave under a compliant policy. Even better, that credit can be taken in 2018, as long as you put a compliant policy in place before Dec. 31 and make it retroactive.

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