The Consolidated Appropriations Act, 2021 Extends and Expands Eligibility for Employee Retention Tax Credit
By EsqSocial Corporation 02/02/21
The Consolidated Appropriations Act, 2021 extends eligibility for the employee retention tax credit through June 30, 2021, and increases the potential amount of the credit during this period. The Act increases the threshold for the number of employees an eligible employer may have from 100 to 500 for claiming the credit during the first two quarters of 2021 with respect to qualified wages paid to employees who are currently working....
By: Pillsbury Winthrop Shaw Pittman LLP