With the national unemployment rate dropping to the lowest levels in more than a decade, many dealerships are looking for new ways to attract and retain talented employees. The Tax Cuts and Jobs Act (TCJA) may offer such an opportunity through the introduction of a new tax credit. By voluntarily offering paid family and medical leave to employees, this tax break could provide benefits that, in turn, could make it easier to hire and retain employees in a competitive hiring market.
Benefits of Paid Family and Medical Leave for Dealerships
Posted by
Danni Douglas, Senior I, Tax Services on May 29, 2019
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Topics: Auto, dealer services, FML, Paid Leave