Skip to main content
Loading
Home
About TIA
About TIA
About the Industry
Board of Directors
FAQs
Staff
Contact Us
TIA WATCHDOG
Cart
Sign In
MEMBERSHIP
Toggle
MEMBERSHIP DIRECTORY
MEMBER RESOURCE LIBRARY
Report Identity Theft
FAQs
TIA Watchdog
MARKETPLACE
TIA Connect
Meetings
Education
Toggle
Online Course Home
Your Learning Portal
Executive Leadership Development Program
New Broker Success Package
CTB
Event Calendar
Lunch & Learn
Education Polices
Advocacy
Toggle
Key Issues
Policy Committees
TIA PAC
Products
Toggle
TIA Bond
COMPENSATION REPORT
SHIPPER
3PL Market Report
Publications
Toggle
2022 MEDIA GUIDE
TIA LOGISTICS WEEKLY
3PL Perspectives Magazine
TIA ADVOCACY INSIGHTS PODCAST
Press Releases
TIA IN THE NEWS
Skip breadcrumb navigation
Share this page
Share on Facebook
Share on Twitter
Share on LinkedIn
Email
More options
select
Bookmarks
Google+
MySpace
Reddit
StumbleUpon
Tumblr
Yammer
L&L: Employee Retention Credit - How Does It Stack Up?
The employee retention credit (ERC) is a fully refundable payroll tax credit for qualified wages (including allocable qualified health plan expenses) that eligible employers pay their employees. How does your business qualify? Organizations that fully or partially suspended operations due to orders from an appropriate governmental authority limiting commerce, travel, or group meetings due to COVID-19; OR experienced a significant decline in gross receipts during the calendar quarter. A “significant decline” means if your gross receipts decline more than 20% in 2021 and/or 50% in 2020, you are eligible to take the credit. For 2020, the credit amount is 50 percent of qualified wages up to 10,000 for the year for each eligible employee. For 2021, the credit amount is 70 percent of qualified wages, up to 10,000 per quarter for each eligible employee. What does that mean for your business? If eligible, your business could receive a $5,000 credit per employee for 2020 AND a $7,000 credit per employee per QUARTER for 2021. Join CLA’s Jenny Wise, CPA, and Mona Birchfield, CPA, to learn more!
Speakers:
Mona Birchfield, CLA - Transportation Intermediaries Association Chief Financial Officer
Jenny Wise, CLA
When
7/29/2021 12:00 PM - 1:00 PM
Sign In
Username
Required
Password
Required
Keep me signed in
Forgot username?
|
Forgot password?
Create a new account
Partners
{1}
##LOC[OK]##
{1}
##LOC[OK]##
##LOC[Cancel]##
{1}
##LOC[OK]##
##LOC[Cancel]##