A Complete Guide to Claiming the Employee Retention Tax Credit Webinar

Feb 2
10:00 - 12:00 p.m.

Online

2-Other
CPE Credits

The Employee Retention Tax Credit (ERTC) is a fully refundable tax credit designed to encourage employers to retain employees who might otherwise be discharged due to the economic downturn brought about by the coronavirus pandemic . Changes to the ERTC brought about by the Consolidated Appropriations Act, enacted at the end of December 2020, have significantly changed the ERTC (retroactively back to March 27, 2020) and made it much more attractive to business owners than it was when it originated as part of the CARES Act. This program explores the newly enacted second version of the ERTC, showing how it can be of great benefit to business owners in 2020 and 2021, including those businesses that also take advantage of PPP loans. This program is a detailed analysis of the ERTC that will provide CPAs and other financial professionals with a comprehensive understanding of this credit so that that they will be able to intelligently advise their clients regarding this credit.
Highlights

Change in the law allowing a business to claim the Employee Retention Tax Credit while also applying for a PPP loan
Definition of eligible employer for purposes of using the ERTC
What is a “significant decline in gross receipts” for purposes of ERTC eligibility?
How the ERTC becomes fully refundable
How an employer claims the ERTC
Determining qualified wages and allocable qualified health plan expenses
Utilizing Form 7200 to claim advances of refundable credits, including the ERTC

Registration

PICPA Member: $109
Nonmember: $159

More Information

Course No. TPER-2021-01-WEBNR-33-01 Level: Intermediate

Prerequisites: A basic knowledge of individual income taxation

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.