The Truth About Employee Retention Tax Credits
There has been a lot of ads and articles recently, including phone calls to small businesses, about the Employee Retention credits and the ability to receive up to $26,000 per employee. Is this for real? Is it a new credit for small businesses? Hear the facts before you sign up for one of these services that might charge you up to 30% of your credit.
This session is for:
Small businesses that were in business and had W2 wages prior to Feb 16, 2020
Started a new business after Feb 15, 2020 and had W2 Wages prior to December 2021.
In this session we will discuss what is the ERTC (Employee Retention Tax Credit)
- How to determine eligibility for the ERTC
- How to calculate the amount of ERTC
- How to apply for the ERTC
- How to utilize both the PPP and ERTC
- The latest updates on this program and deadline.
You may be missing out on some big money so don't miss this presentation.
Note: This session is only for businesses that are located in Virginia.
Speaker(s): Tom Tanner, Lead Advisor and IRS credentialed Enrolled Agent
Fee: No Cost
All programs of the Virginia SBDC are open to the public on a non-discriminatory basis to all legal residents and citizens of the United States.
Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Full disclosures regarding federal funding are available at https://www.virginiasbdc.org/funding-sources/.