U.S. law now offers a tax offset for employers to provide sick leave to employees who must stay home. Employers can provide paid leave for staff who are sick or who need to care for family members. This is not limited to people who are affected by COVID-19.
Costs can be recouped through payroll tax credits from the federal government.
Employers can obtain these credits by:
- Deducting them from the Social Security, Medicare and Federal income tax deposits made to the IRS as part of periodic payroll processing
- If retained tax deposits are insufficient to cover the cost, employers will be able to file for an accelerated reimbursement from the IRS. (Note: this form will be linked here once available from the IRS.)
Secure a Professional Payroll Service
If your ministry does not use a professional payroll service, this is the time to get one. Dealing with these tax withholdings and credits may become complex. Contact your district office for recommendations on vetted professional payroll services, including some that may provide discounts.
Contact your district office
IRS Tax Relief
The IRS has established this dedicated site to help organizations affected by COVID-19. The page will be updated as new information is available. While your central office legal and financial team is monitoring this information regularly for applicability to Foursquare ministries, we encourage our local leaders to become familiar with changes that may help relieve tax burdens.
Find Tax Relief