The Employee Retention Credit is a CARES Act relief measure for businesses. It is a fully refundable tax credit that eligible employers who are able to keep employees on payroll can claim. The Continuing Appropriations Act of 2021 has further extended and expanded the credit. A company that received the PPP loan is now eligible…
In these challenging times, we hope you and your loved ones are safe and in good health. We recognize many of you have experienced many unexpected changes and hardships due to the COVID-19 crisis this past year. Congress addressed the crisis by passing the Coronavirus Aid, Relief, and Economic Security Act or “CARES Act” in…
In these challenging times, we hope you and your loved ones are safe and in good health. In the past year, businesses faced numerous unexpected challenges due to the COVID-19 crisis. Congress addressed the crisis by passing the Coronavirus Aid, Relief, and Economic Security Act or “CARES Act” in March 2020 and the Consolidated Appropriations…