Breaking News: President Signs Consolidated Appropriations Act Extending FFCRA Tax Credits
President Trump Signs Consolidated Appropriations Act, Extending Tax Credit to Employers Choosing to Extend FFCRA Leaves Until 3/31/2021
On December 27, 2020, President Trump signed the 2021 Consolidated Appropriations Act into law. This alert offers our review of the law and responses to the most common questions we’re receiving from employers, but is written prior to any applicable agency guidance being issued.
The 2021 Consolidated Appropriations Act included among its over 5,500 pages a quasi-extension of the FFCRA leaves, proving wrong both those who predicted that FFCRA would not be extended by the current Congress and those who predicted that it would. So, what do we mean by a “quasi-extension”?