Employee Retention Credit: What is It, Who Qualifies and How to Claim It
January 28, 2021
Employers that have been affected by COVID-19 that experienced a significant decline in revenues, or that had to comply with government mandates restricting travel, commerce, operating hours, may qualify for a refundable Employee Retention payroll tax credit, even if the Employer previously applied for PPP benefits.
This podcast provides a complete and concise explanation of the Employee Retention Credit (“ERC”), including who qualifies and how to claim the credit. Two of Cherry Bekaert’s Credits and Incentives professionals will describe the credit benefits, what you need to do to take advantage of the credit, and how Cherry Bekaert can help.
For more information about the Employee Retention Credit and recent extensions, read Cherry Bekaert’s new ERC brochure.