Tax Warrior Chronicles

Self-employed Individuals Can Claim COVID-19 Sick and Family Leave Tax Credits

Posted on Tue, Feb 23, 2021

By: Olivia M. Seneca, MBA

 

The Internal Revenue Service recently announced the release of Form 7202 for eligible self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act (FFCRA). Today we will discuss how qualified self-employed taxpayers can claim tax credits under FFCRA.

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Families First Coronavirus Response Act Enacted

Posted on Thu, Mar 19, 2020

The Families First Coronavirus Response Act (Families First Act) was approved by the Senate on March 18, 2020, and swiftly signed by the President into law.

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