The Expanded Employee Retention Credit: Essential Knowledge for Every Business Owner

Description

Since March of 2020, has your business been fully or partially suspended or limited due to a government order?

Have you suffered a decline in receipts greater than 50% for any quarter in 2020 as compared to the same quarter in 2019?

Do you anticipate suffering a decline in receipts greater than 20% for the fourth quarter of 2020, or the first or second quarters of 2021 compared to the same quarter in 2019?

If you answered "Yes" to any of these questions, you are most likely eligible for the newly enhanced and expanded Employee Retention Credit (ERC). This credit can be extremely significant for businesses with payroll. Credits can very easily range anywhere from $5,000 to $19,000 per employee, depending on facts and circumstances.

Please join Steve Moyer, CPA PFS CGMA CSEP and Brent Thompson, CPA CMA CGMA of Canon Capital Management Group on Thursday, February 11, 2021, for this Zoom session from 10:30 a.m. – 11:30 a.m. They will unpack the basic rules and expansion of the credit and how it interacts with the PPP loans. You will also have the opportunity to ask questions via the Zoom chat feature.

Attendance is limited to 100 people, so please register soon via this link.