Employee Retention Tax Credit Program - ERTC

---

 The ERTC is a refundable tax credit designed to encourage business impacted by COVID-19 to maintain employees on payroll. The new employee retention credit is 50% of the qualified wages (up to $10,000) an eligible employer pays to employees after March 12, 2020, and before January 1, 2021.

All sizes of businesses/employers, including tax-exempt organizations, are eligible for the credit if they operate a trade or business during calendar year 2020 and experience either:

      - Full or partial suspension of operations due to      governmental limitations or

      - a significant decline in gross receipts

      - Tax-Exempt employers under section 501(c) are       eligible

      - Tribal entities are eligible