American Rescue Plan Tax Credits for COVID-19 Vaccinations

By on April 23, 2021 in General

We would like to make you aware of tax credits that are available to eligible employers that pay sick and family leave to their employees for COVID-19 vaccinations. The tax credit could be worth $511 per day for COVID-19 vaccines and or recovery from any side effects of the shot. The total credit is up to $5110 for eligible employers. The credit is available for a limited time between April 1st and September 30th 2021. We have provided some helpful links below with details about the tax credit from the IRS and the White House.

PTO Paid Time Off

The Basics of PTO

By on October 15, 2020 in General

The Basics of PTO Explained

PTO or Paid Time Off is a system of allocating time off benefits under a single type.  Instead of having a program that incorporates different leave types such as Vacation, Sick Time or Personal Time there is a single type called PTO that an employee can use at their discretion.  For example, in a traditional program an employee might get 10 vacation days, 5 sick days and 3 personal days.  In a combined PTO program, the employee would get 18 days that could be used for vacation, sick or personal.