How To Self-Audit Your COVID-19 Leave Tax Credits Before Year End

Teri Morning Teri Morning

COVID-19 leave expert Teri Morning will help you fix mistakes before you are forced to make changes that have negative consequences. You will learn how to maximize tax credits for your organization while meeting all your reporting obligations.

What You'll Learn

  • What are qualified leave wages under FFCRA and under ARPA?
  • What are you required to report regarding qualified leave wages?
  • What records must you keep to substantiate tax credits claimed?
  • How should you document leaves granted and denied?
  • What notification were employees required to give?
  • What employers are eligible to claim credits?
  • How can you claim credits?
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INFORMATION
Training Overview

It’s time for your COVID-19 leave internal audit. Ensure you have maximized tax credits and met obligations.

Early November is the ideal time to audit your records for COVID-19 sick leave under the Families First Coronavirus Response Act (FFCRA) and the American Rescue Plan Act (ARPA). Before finalizing year-end payroll, you must ensure you have recorded leave correctly and maximized tax credits for leave provided voluntarily to employees through September 30.

The IRS can disallow prior credit if your records are not sufficient. Additionally, DOL enforcement and penalties if you denied or incorrectly administered leave for employees. You need to review actions and documentation before year-end.

  • What are qualified leave wages under FFCRA and under ARPA?
  • What are you required to report regarding qualified leave wages?
  • What records must you keep to substantiate tax credits claimed?
  • How should you document leaves granted and denied?
  • What notification were employees required to give?
  • What employers are eligible to claim credits?
  • How can you claim credits?
Recommended Audience
Who Should Attend?
  • Small business owners
  • Plant managers
  • Human resources professionals
  • Location managers
  • Division supervisors
  • Management
  • Frontline supervisors
  • Benefits managers
  • Payroll managers
  • Financial officers
  • In-house counsel
APPROVAL AND VALIDITY
Credits
  • This program has been approved for 1.5 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 1.5 PDCs for the SHRM-CP or SHRM-SCP.
What's included
Training includes
  • 1.5 HRCI, 1.5 SHRM
  • Certificate of Attendance
  • All resources and training materials
Teri Morning
About

Expert Presenter

Teri Morning
  • Specializes in solving company people problems and providing big company style HR service to small business
  • Over 20 years of experience in human resources and training in a variety of fields
  • Certified in mediation skills, project management, and IT management and qualified
  • Has held the PHR, SPHR, SPHR-CA and SHRM-SCP certifications
  • Master’s degree in human resource development with a specialization in conflict management
  • MBA
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