COVID-19 Related Payroll Tax Credits

You may be eligible for IRS tax credits related to COVID-19 – please review the IRS notification on the PDF.

PTM sent instructions to our client base on how to apply, if needed, those credits to their periodic tax files.

Review the IRS notification about:

  • Payroll tax credits for paid leave costs under FFCRA
  • Employee Retention Credit under the CARES Act
  • Who is eligible
  • How to calculate the credit
  • How to claim the credit
  • How to request an advance of the credit

Payroll Tax Credits Info
Download the PDF

Payroll Tax Management © 2020

FFCRA & CARES Act