Labor/Employment
Apr. 7, 2020
How employers can claim the Employee Retention Tax Credit under the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), includes tax credit provisions designed to encourage employee retention by employers experiencing economic hardship related to COVID-19.
Amberly A. Morgan
Associate
Littler Mendelson, P.C.
Amberly has represented businesses in state and federal courts, arbitration and before administrative agencies, including the California Division of Labor Standards Enforcement and the Equal Employment Opportunity Commission.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), includes tax credit provisions designed to encourage employee retention by employers experiencing economic hardship related to COVID-19.
Payroll Tax Credit
This Employee Retention Credit is a fully refundable tax credit equal to 50% of up to $10,000 of qualified wages per employee...
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