The purpose of these credits serve to help employers pay for the provisions of the Family First Coronavirus Recovery Act (FFCRA) for paid leave.
We are currently in the process of reviewing the mechanics of this provision and will be updating this page.
Please refer to the following articles for more information:
https://www.irs.gov/newsroom/covid-19-related-tax-credits-for-required-paid-leave-provided-by-small-and-midsize-businesses-faqs
https://quickbooks.intuit.com/learn-support/en-us/help-articles/ffcra/00/517349