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| IRS Confirms Government Employers -- Even Large Ones -- Are Now Eligible for COVID-19 Leave Tax Credits Franczek P.C.  [Guidance Overview] Apr. 26, 2021 "Formerly limited to private-sector employers with fewer than 500 employees, the credit is now available to many state and local governmental bodies ... The 500-employee limit does not appear to apply to governmental employers ... Employers claiming the credit are permitted to keep federal employment taxes that they otherwise would have deposited, ... up to the amount of the credit for which they are eligible[.]" |
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