Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe U.S. is the only member of the 38-nation Organisation for Economic Co-operation and Development without a paid family and medical leave requirement (Getty/iStock)The Treasury Department is set to announce new guidance on Wednesday, expanding a federal tax credit designed to incentivize employers to offer paid family leave. The updated guidance will allow businesses to claim the tax credit even if they provide paid family leave through insurance policies, removing the previous requirement of direct wage payments to employees. This change aims to encourage more companies to voluntarily offer paid family leave, aligning with the administration's strategy of using tax incentives rather than implementing a federal mandate. The original tax credit was established under the 2017 tax overhaul during the Trump administration and is now part of the recently enacted One Big Beautiful Bill Act. Treasury Secretary Scott Bessent, House Speaker Mike Johnson, and Republican Rep. Juan Ciscomani are expected to unveil the policy, which Republicans plan to emphasize during the upcoming midterm election campaigns. In fullMore Americans could get paid family leave under Trump’s latest moveMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Trump admin to unveil new paid family leave incentives for employers
Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe U.S. is the only member of the 38-nation Organisation for Economic Co-operation and Development without a paid family and medical leave requirement (Getty/iStock)The Treasury Department is set to announce new guidance on Wednesday, expanding a federal tax credit designed to incentivize employers to offer paid family leave. The updated guidance will allow businesses to claim the tax credit even if they provide paid family leave through insurance policies, removing the previous requirement of direct wage payments to employees. This change aims to encourage more companies to voluntarily offer paid family leave, aligning with the administration's strategy of using tax incentives rather than implementing a federal mandate. The original tax credit was established under the 2017 tax overhaul during the Trump administration and is now part of the recently enacted One Big Beautiful Bill Act. Treasury Secretary Scott Bessent, House Speaker Mike Johnson, and Republican Rep. Juan Ciscomani are expected to unveil the policy, which Republicans plan to emphasize during the upcoming midterm election campaigns. In fullMore Americans could get paid family leave under Trump’s latest moveMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
