Why Businesses Should Lean Into the Employee Retention Tax Credit
The goal of this article is to help small and mid-sized businesses and tax-exempt organizations to be informed about the Employee Retention Tax Credit available under the Coronavirus Aid, Relief, and Economic Security Act, by providing insight as to why a business might find themselves to be eligible for these refundable tax credits and how the credits interplay with the Paycheck Protection Program loan forgiveness.
Topics Covered
What is the ERTC?
What if I took out a PPP Loan?
Eligibility Requirements
What are Qualified Wages?
How much money are we talking about?
Will the ERTC be extended beyond Q3 of 2021?
