Webcast: Employee Retention Credit 2021
Online registrations are currently closed, please call (602) 324-6847 for additional registration options
The Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTRA) enacted on December 27, 2020, retroactively made available to taxpayers who had participated in the Payroll Protection Loan program the right to obtain benefits under the CARES Act Employee Retention Tax Credit for 2020. It also extended that benefit to the first half of 2021 and made the maximum credit much larger. In March Congress extended that benefit through to the end of 2021, and made it available to any start-up business.
Although the credit can represent a substantial amount of tax relief for qualified businesses, the program has different sets of rules that apply for different periods. There is also a need to determine the optimal strategy for obtaining full forgiveness for Paycheck Protection Program loan relief while obtaining the largest possible tax credit. In this course we’ll help you understand the nuances of each version of the program, the interaction with the Paycheck Protection Program loan forgiveness application process and how to file the claims for refund to obtain credit for prior eligibility period.
ASCPA Live Online Webcast
Phoenix, AZ 85034-6617