Courses

The Employee Retention Tax Credit (ERTC) is a fully refundable tax credit designed to encourage employers to retain employees who might otherwise be discharged due to the economic downturn brought about by the coronavirus pandemic . Changes to the ERTC brought about by the Consolidated Appropriations Act, enacted at the end of December 2020, have significantly changed the ERTC (retroactively back to March 27, 2020) and made it much more attractive to business owners than it was when it originated as part of the CARES Act. This program explores the newly enacted second version of the ERTC, showing how it can be of great benefit to business owners in 2020 and 2021, including those businesses that also take advantage of PPP loans. This program is a detailed analysis of the ERTC that will provide CPAs and other financial professionals with a comprehensive understanding of this credit so that that they will be able to intelligently advise their clients regarding this credit.