PBMares’ tax experts provided insights and analysis on The Economic Aid Act, included in the 2021 Consolidated Appropriations bill, which changed the rules for the Employee Retention Credit. PPP loan recipients can now claim the Employee Retention Credit.
This credit has the potential to return significant amounts to businesses impacted by COVID-19 and is designed to make it easier for businesses that, despite challenges posed by COVID-19, choose to keep their employees on the payroll.
In our webinar, we help you to understand your eligibility and how you can take advantage of this significant change.
Click on the video below to view this webcast. You can also download a copy of the slides below the video image.
DOWNLOAD SLIDEDECK PDF OF THIS WEBINAR
Please visit our COVID-19 Resource Center often for regular updates on news and information.
This webcast and slidedeck contains general information, may be based on authorities that are subject to change, and is not a substitute for professional advice or service. Information related to COVID-19 is accurate as of the live date of this webinar.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is new legislation, and constantly in flux. It contains complexities that cannot be resolved with certainty until regulations are issued and/or courts issue opinions. While we will advise you about these issues using our professional judgment and knowledge, we cannot guarantee that positions taken on CARES Act matters, including the Paycheck Protection Program (PPP) will be sustained.