What is a great way to spend cash, then put it right back into your pocket? Spend it on wages, then claim the employee retention credit (ERC). It’s a great deal and keeps on getting better.
You just have to know how to play the game. And, the rules of the game keep getting better. The American Rescue Plan Act (ARPA) ratchets up the amount you can grab back. It’s ridiculously lucrative.
An employer with 10 employees making $40,000 each for each 2020 and 2021 may claim an ERC of up to $50,000 for 2020 and a up to a whopping $280,000 for 2021.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
DESIGNED FOR
All Business Professionals
BENEFITS
- Claiming ERC along side PPP forgiveness – Strategies and mechanics
- Extension of ERC through end of 2021– But with new rules
- Exactly who qualifies (and does not) for ERC anyway?
- ARPA opens up new opportunity for start up businesses
- Churning out those 941s (and 941-Xs and 7200s) to cash in
HIGHLIGHTS
COURSE LEVEL
All Levels
PREREQUISITES
None
ADVANCE PREPARATION
None.
ADDITIONAL NOTES
Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).