Paycheck Protection Program Archives

FAQs: Employee Retention Credit under the CARES Act
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FAQs: Employee Retention Credit under the CARES Act

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

FAQs: Employee Retention Credit under the CARES Act

This article was published by the IRS. The Employee Retention Credit under the CARES Act encourages businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. Frequently Asked Questions General Information Determining Which Employers [...]

cozbycpa2020-06-17T11:44:45-04:00June 17th, 2020|Categories: Coronavirus, Corporate Taxes, Employee Retention Payroll Tax Credit, IRS, Payroll, Self-Employed, Small Business, Tax Credits, Tax Tips, Taxes|Tags: CARES Act, coronavirus tax relief, Cozby & Company, determining qualified wages, Employee Retention Credit, new employer tax credits, Paycheck Protection Program, Plymouth MA CPA Heather Cozby, who is eligible to claim the Employee Retention Credit|

Town of Plymouth’s “COVID-19 Daily Update” – April 29, 2020

In this week’s Wednesday episode (April 29, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an encouraging update: over the last week, she's seen money flowing through all the program channels, including stimulus payments, federal unemployment payments, PPP funds, and economic injury disaster loans. Individuals and businesses may not be notified when [...]