Employee Retention Credit: An Overview and Update

The Employee Retention Credit (ERC) is a tax credit, which allows companies to offset their business loss against their payroll taxes. Recently, Brown Schultz Sheridan & Fritz (BSSF) recorded a presentation with AlliantGroup to discuss the ERC. In this video, we discuss the current status of the employee retention credit, as well as some examples of companies and industries that have received the credit.

If you would like to learn more or discuss the employee retention credit with a BSSF advisor, please fill out the form below the video.

Charts Referenced in Video (updated November 8, 2021): Employee Retention Credit Charts

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Disclaimer: This communication is intended to provide general information on legislative COVID-19 relief measures as of the date of this communication and may reference information from reputable sources. Although our Firm has made every reasonable effort to ensure that the information provided is accurate, we make no warranties, expressed or implied, on the information provided. As legislative efforts are still ongoing, we expect that there may be additional guidance and clarification from regulators that may modify some of the provisions in this communication. Some of those modifications may be significant. As such, be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed.