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Category: Employee Retention Credit

IRS Issues Guidance on Claiming Employee Retention Credit (ERC) for First Two Quarters of 2021

Employee Retention Credit

Photo by Adam Winger on Unsplash The ERC, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, was extended for six months and modified by the Consolidated Appropriations Act, 2021 (CAA). In March, the IRS provided guidance for employers claiming the ERC for 2020. Notice 2021-23 addresses the extension of the ERC for […]

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