New Employer Tax Credits

Submitted by Orrville Chamber on Tue, 06/23/2020 - 8:57am

New Employer Tax Credits 
Employee Retention Credit

The IRS recently issued a new publication to help employers understand the tax credits available to them due to the Coronavirus pandemic. The document breaks down the details of the Employer Retention Credit and the credits for paid sick and family leave in easy-to-follow charts.

Using the document, employers can quickly determine whether they are eligible for the credits, the amount of the credits and which wages apply to the credits.

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