Reporting Paid Sick and Family Leave

October 19, 2020

The Families First Coronavirus Response Act requires employers with fewer than 500 employees to provide paid sick leave or family and medical leave to employees who miss work for specified reasons related to COVID-19. An IRS Notice provides guidance on how employers should report these payments.

According to the notice, employers may report payments on Form W-2, box 14, or in a separate statement. Either way, an employer must separately state the total amount of 1) qualified sick leave wages paid because the employee was quarantined or diagnosed with COVID-19; 2) qualified sick leave wages paid because the employee was caring for a family member; and 3) qualified family leave wages.

< Older Post

Newer Post >

This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.

Manufacturers: Could You Use a Break?

By Meyers Brothers Kalicka • March 2, 2026

For manufacturers planning to build new facilities or expand their existing plants, last year’s One Big Beautiful Bill Act introduced a powerful new tax incentive.

New FAR Thresholds

By Meyers Brothers Kalicka • February 27, 2026

There are five updates to the Federal Acquisition Regulation's (FAR) thresholds: micro-purchases, small purchases, sealed bid, proposal and noncompetitive that nonprofits should be aware of.

Tax Planning for Investors: Know Your Basis and Holding Period

By Katrina Arona • February 27, 2026

When investors sell stocks or mutual fund shares, calculating the gain or loss for tax purposes is simply the difference between the sale price and the cost basis. In practice, however, it can get complicated. That’s because many people buy multiple shares of the same investments over time at different prices.