ARP VACCINATION TAX CREDIT PROGRAM TOOLKIT
A refundable tax credit program is available for small to midsize companies with less than 500 employees through the American Rescue Plan (ARP) Act. This program reimburses employers who award sick time to their employees to receive or recover from COVID-19 vaccinations.
This is another available option to help with vaccination rates at no cost to the employer.
Eligibility Criteria
Tax credits are available to eligible employers that pay sick and family leave for time off between April 1, 2021 and Sept. 30, 2021. It can be used for both one-dose and two-dose vaccinations. However, arrangement for the Johnson & Johnson single-dose vaccinations is preferred due to no three week wait for the second dose and the sun-setting of this program on Sept. 30.
Toolkit Overview
To assist HFAM members interested in using this tax credit program, the Brighton Consulting Group created a toolkit of resources, see below. Included are a short video explaining the program and resources available, as well as links to sample documents and resources to assist members with the submission process.
Resource Links
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Instructional video: Enter Passcode: vzUsG$6%
- This brief, 12-minute video featuring Jeff Steggerda of the Brighton Consulting Group provides a comprehensive overview of the tax credit program and instructions on how to use the resource documents available below to assist with the submission process.
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IRS ARP Reference Document: Employers are entitled to tax credits for providing paid leave to employees who take time off related to COVID-19 vaccinations – updated 7/28/21