Does Your Business Now Qualify for the Employee Retention Credit?
Recent legislative changes now allow businesses who obtained a Paycheck Protection Program (PPP) loan in 2020 to be eligible for the Employee Retention Credit (ERC), if they meet eligibility requirements.
Previously if you had received a PPP loan, you were deemed ineligible for the ERC. The ERC has also been extended through June 30, 2021. There are differences in both the eligibility and calculation of the ERC for 2020 and 2021; we have provided all the details in our free ebook.
Should you have any questions, please don’t hesitate to contact any of the Zinner professionals for a no-obligation consultation to learn more.