FFCRA
Did COVID impact your past income? Explore if FFCRA tax credits apply to you.
The Families First Coronavirus Response Act (FFCRA) was passed in March 2020 as a way to provide financial support during the COVID-19 pandemic. One of its goals was helping businesses offer paid leave to employees who couldn’t work due to COVID-related reasons (illness, caregiving, etc.).
Later in December 2020, the CARES Act expanded FFCRA benefits. This meant tax credits became available to freelancers, gig workers, and the self-employed who had lost income during the pandemic.
Important Note: While the FFCRA’s paid leave requirements expired, these tax credits may still be applicable if you experienced COVID-related loss of income in past years.