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Tax_Proposal

Possible Early End to Employee Retention Tax Credit Could Mean Trouble for Businesses Monetizing Credit Before End of 4th Quarter

By Marvin Kirsner on October 11, 2021
Posted in coronavirus, Employee Retention Credit, Featured, GT Alert, Labor, Labor & Employment, Legislation, wages

Many small to mid-sized businesses are eligible under the existing employee retention credit (ERC) for a 70% tax credit for wages paid to employees through the end of 2021. However,…
Continue Reading Possible Early End to Employee Retention Tax Credit Could Mean Trouble for Businesses Monetizing Credit Before End of 4th Quarter

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