The Employee Retention Tax Credit (ERTC) is a refundable tax credit designed to keep employees on payroll. Businesses who have seen a significant decrease in their gross sales and have been subject to a government shutdown/slowdown may be eligible for credits of up to $5,000 per employee on 2020 wages and $14,000 per employee on 2021 wages. That is potentially a credit of up to $19,000 per employee!
While this credit can be a lucrative benefit, there have been many changes as part of the Consolidated Appropriations Act of 2021, and there are many details to review before applying.
Paper Trails is presenting a webinar to give you an overview of the program, and detail how we are here to help you apply for any credits for which you may be eligible.
What: Employee Retention Tax Credit Webinar
When: Tuesday, March 9th ~ 2pm
Where: Zoom – Please pre-register here
We will record the webinar and post it to our blog if you’re unable to attend the webinar.