The Employee Retention Credit (“ERC”) was significantly expanded and extended as a part of the Consolidated Appropriations Act, 2021 (“Act”). The ERC is a refundable payroll tax credit for wages paid and health coverage provided by an employer whose operations were either fully or partially suspended due to a COVID-19-related governmental order or that experienced a significant reduction in gross receipts. Notably, the Act made a retroactive change to the ERC, applicable from March 13, 2020, that may allow employers that received PPP loans may qualify for the ERC with respect to wages that are not paid with proceeds from a forgiven PPP loan. In addition to the retroactive change, the following changes to the ERC apply prospectively from January 1 to June 30, 2021:
All virtual Monday forums will now be hosted via Remo. We'll have networking beginning at 11:30 am. The presentation will begin at Noon.
Before the event:
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Thursday Feb 18, 2021
11:30 AM - 1:00 PM AKST
11:30 am to Noon - Networking
Noon to 1 pm - Presentation
Online via Remo. An event link will be sent the morning of the event. Please add noreply@remoinvite1.co to your address book so the email isn't filtered/blocked.
Thank you for supporting the Anchorage Chamber during these challenging times.
$10 Members | $15 Non-Members
Tosha Swan
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Printed courtesy of www.anchoragechamber.org – Contact the Anchorage Chamber of Commerce for more information.
1016 West Sixth Avenue, Suite 303, Anchorage , AK 99501 – (907) 272-2401 – info@anchoragechamber.org