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Clearing Up Confusion about the Employee Retention Credit
August 17, 2021
Now is the time to take a first, second or third look at the Employee Retention Credit (“ERC”). It’s not too late for employers to qualify for significant tax credits due to partial shutdowns or declines in gross receipts during 2020 and 2021. Cherry Bekaert’s Jamie Walker, Tax Services Partner, and Martin Karamon, Tax Services Principal and leader of the firm’s ERC Team, clear up the confusion about the ERC. Find out if your company may qualify for the ERC, tips to monetize the credit and insight into the refund process.