Posts Tagged ‘Paycheck Protection Program (PPP)’
Infrastructure Bill Ends Employee Retention Credit Early
Yesterday President Biden signed the long-debated Infrastructure Bill into law. Along with significant changes to our nation’s roadways and transit, the bill hosts a number of new changes, including an early end to the Employee Retention Credit. The $1.2 trillion Infrastructure Investment and Jobs Act effectively ended the opportunity for employers to claim the Employee…
Read More[UPDATE] What Employers Need to Know About the Employee Retention Credit
3 minute read: The latest IRS Notice 2021-23 provides additional rules on the Employee Retention Credit (ERC) with respect to quarter one and quarter two of the 2021 tax year. The new notice supplements IRS Notice 2021-20 and clarifies that under Section 207 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020, the…
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