Employee Retention Credit (ERC) Update #2
Last month, the Internal Revenue Service (IRS) provided guidance for employers claiming the Employee Retention Credit for 2020. This notice offers employee retention credit guidance which included additional information on issues relating to:
- The eligibility of employers
- Qualified wages
- How eligible employers can claim the credit
- What constitutes full or partial suspension of trade of business operations
- And more!
The experts at MCM have reviewed the guidance and how this can apply to your business situation and we’re eager to share our experience with you.
As COVID-19 issues start to wind down and markets reopen, many employees are looking to make a change in their work lives which could result in significant turnover for businesses. We will present a brief discussion on employee engagement, retention and what business owners should be thinking about going forward.
Join us for a webinar update on the ERC and employee engagement issues and how they might affect your business taxes in 2020 as well as your workforce!
One (1) hour of complimentary CPE provided.