American Rescue Plan Tax Credits

For employers who provide paid sick leave for employees to get the COVID-19 vaccinations

Tax credits are available to employers for wages paid for employees who take time off to get vaccinated, recover from vaccination related injury, and other related COVID-19 illness. This programs runs from April 1, 2021 through September 30, 2021. Check with your payroll department and your tax adviser for any questions about eligibility and claiming a credit on your IRS Form 941.

The American Rescue Plan Act of 2021 allows small and midsize employers, and certain governmental 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 ARP tax credits are available to eligible employers that pay sick and family leave for leave from April 1, 2021, through September 30, 2021.

Make sure to read the IRS Fact Sheet and learn more about these tax credits, who qualifies, how to claim, and more by clicking here.

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