**New** Family & Medical Leave Credit





Do you know what the new credit for businesses under the Tax Cuts and Jobs Act offers to employers? The paid family and medical leave credit is now available to eligible employers for wages paid to qualifying employees on family and medical leave. The credit is available so long as the amount paid to employees on leave is at least 50% of their normal wages and the leave payments are made in employer tax years starting in 2018 and 2019. The credit is temporary and won’t be available for employer tax years starting in 2020 or later unless Congress extends it.