Employee Retention Credit Further Expanded by the American Rescue Plan Act
By EsqSocial Corporation 25/03/21
Eligible employers that have not claimed the employee retention credit could be leaving tens of thousands of dollars of tax benefits on the table. The stakes are even higher under the recently enacted American Rescue Plan Act of 2021 ("ARPA"), which further expands the total amount and eligibility of the credit. COVID-19 has changed business as usual for virtually every industry. The pandemic has taken a significant, and in some cases, existential, toll on the operations and finances of...
By: Patterson Belknap Webb & Tyler LLP