Back to Search Start Over

IRS Helps Taxpayers Avoid Tax Penalties Caused By Retroactive Termination Of Employee Retention Credit

Authors :
Markey, Pauline W.
Source :
Mondaq Business Briefing. December 13, 2021
Publication Year :
2021

Abstract

The Employee Retention Credit (the 'ERC') was created by the CARES Act to encourage businesses to retain employees on their payroll by providing a refundable tax credit equal to 50% [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
Mondaq Business Briefing
Publication Type :
News
Accession number :
edsgcl.686651817