Employee Retention Credit 2024

Overview

Businesses have faced many financial hardships during the pandemic. Fortunately, there are tax incentives available to mitigate this. The most significant is the Employee Retention Credit (ERC), a refundable payroll credit. Business taxpayers who experienced a suspension (full or partial) of operations or a reduction in gross receipts can claim this credit. This course will also cover the related Paid Sick Leave Refundable Credit and Paid Family Leave Refundable Credit. These credits can be up to $62,220 per employee. This course provides an overview of each program and attendees will learn how to identify these opportunities for their clients.