Don't Overlook Your Potential Refund from the Employee Retention Tax Credit.
Under the Consolidated Appropriations Act (CAA), signed into law at the end of 2020, the Employee Retention Tax Credit (ERC) was extended through December 31, 2021. The ERC is a refundable tax credit against certain employment taxes equal to 70% of the qualified wages with a maximum of $10,000 per employee per quarter with an annual limit of $28,000 per employee for 2021.
These credits provide an immediate cash infusion into eligible businesses/organizations that does not need to be paid back!
Join Whittlesey's Brian Kerrigan, JD, and Brenden Healy, CPA, as they provide an overview of ERCs. You will learn:
Eligibility rules
How to apply
Why you should apply
A question and answer session will follow the presentation.