Expanded Tax Credits Available for (2021)
The Employee Retention Tax Credit is available to the majority of companies, including tax-exempt organizations (E.R.C).For qualified employers, including those that have a P.P.P loan, the credit can be claimed against a portion of payroll from March 13, 2020, to June 30, 2021. It is given as a reimbursement check to the company. Companies with 1 or more employees can qualify. If your company has been affected by the Covid Pandemic you qualify. TAX CREDIT HIGHLIGHTS--Up to $26k per employee-It is not a loan--Get a check from the U.S treasury--You can use the funds as you please--No"forgiveness"paperwork--Can also have P.P.P, ,P.P.P-2