Join Marcum LLP as we dive into the extension and expansion of the Employee Retention Credit (ERTC).
Recent legislation has extended the credit for Q1 and Q2 2021, and modified the ability to claim it in conjunction with PPP1/PPP2. Tax-exempt organizations which suffered a full or partial shutdown in 2020 or 2021, or had a significant decline in gross receipts, should attend this webinar to learn the basics of eligibility, how to calculate the credit, and how to claim it. Eligible organizations will be able to claim a credit of 50% on up to $10,000 of wages for 2020 ($5,000 per employee, per year), and 70% on up to $10,000 of wages for each quarter of 2021 ($7,000 per employee, per quarter).
Roger Bulosan, CPA, CFE, Partner, Nonprofit Industry Leader, Marcum LLP
Michael Maksymiw, Tax & Business Services Partner, Marcum LL
Jacquelyn Rysz, Tax & Business Services Manager, Marcum LLP