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Recent Changes to the 2021 Employee Retention Credit

August 26, 2021

The Employee Retention Credit (“ERC”) was established in March 2020 to encourage employers, despite the challenges of COVID-19, to keep employees on their payroll.  It has been amended, extended and expanded several times in the past 17 months.  This summary outlines recent changes to the ERC relevant to small nonprofit employers.
Changes to ERC from American Rescue Plan


 

 

Category: COVID-19, ResourcesTag: cares
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