Form 7200 Advance of Employer Credits Due to COVID-19 Archives

Guidance for Employers Claiming the Employee Retention Credit for First Two Quarters of 2021
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Guidance for Employers Claiming the Employee Retention Credit for First Two Quarters of 2021

Coronavirus, Employee Retention Payroll Tax Credit, IRS, Personal Taxes, Tax Credits, Tax Relief, Taxes

Guidance for Employers Claiming the Employee Retention Credit for First Two Quarters of 2021

This article was published by the IRS. The IRS has issued guidance for employers claiming the Employee Retention Credit under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Relief Act). Notice 2021-23 explains the changes to the Employee Retention Credit for the [...]

cozbycpa2021-05-19T10:26:48-04:00May 19th, 2021|Categories: Coronavirus, Employee Retention Payroll Tax Credit, IRS, Personal Taxes, Tax Credits, Tax Relief, Taxes|Tags: American Rescue Plan Act of 2021, CARES Act, Cozby & Company, CPA Heather Cozby, Employee Retention Credit, Form 7200 Advance of Employer Credits Due to COVID-19, refundable tax credit, tax advisors Plymouth MA, Taxpayer Certainty and Disaster Tax Relief Act of 2020|

New Law Extends COVID Tax Credit for Employers Who Keep Workers on Payroll
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New Law Extends COVID Tax Credit for Employers Who Keep Workers on Payroll

Coronavirus, Corporate Taxes, Employee Retention Payroll Tax Credit, IRS, Self-Employed, Small Business, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes

New Law Extends COVID Tax Credit for Employers Who Keep Workers on Payroll

This article was published by the IRS. The Internal Revenue Service urges employers to take advantage of the newly-extended employee retention credit, designed to make it easier for businesses that, despite challenges posed by COVID-19, choose to keep their employees on the payroll. The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted December 27, [...]