Employer Retention Tax Credit

The US Chamber of Commerce has created an easy to read document on the employee retention tax credit. This tax credit could save your company a significant amount on taxes if you have experienced suspended operations as a result of orders from a governmental authority due to COVID-19, or have experienced a decrease in gross receipts by over 50% in a quarter (in comparison to the same quarter in 2019). Check to see if this credit could positively impact your business: https://www.uschamber.com/co/start/strategy/coronavirus-employee-retention-tax-credit-guide

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