News & Updates

Employee Retention Credit

Have you seen the latest updates about the IRS's Employee Retention Credit?

"The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50% of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021. Eligible employers can get immediate access to the credit by reducing employment tax deposits they are otherwise required to make. Also, if the employer's employment tax deposits are not sufficient to cover the credit, the employer may get an advance payment from the IRS."

Have questions? Contact us and we can make sure you're business is utilizing any available credits.