Update for Employers: Recent Legislation Improves, Extends Employee Retention Credit
By EsqSocial Corporation 18/05/21
The Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized a refundable tax credit important to many employers struggling as a result of the COVID-19 pandemic. This credit, known as the Employee Retention Credit (ERC), has been retroactively improved and extended by both the Consolidated Appropriations Act of 2021 (CAA) and the American Rescue Plan....
By: Holland & Knight LLP