• IRS Offers Employee Retention Credit To Qualifying Businesses

  • IRS Offers Employee Retention Credit To Qualifying Businesses

    TFFA Coronavirus Alert
    IRS Offers Employee Retention Credit
    To Qualifying Businesses

    April 1, 2020


    from PMAA

    The United States Treasury Department and the Internal Revenue Service launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. The credit is available to marketers who continued to pay employees during the COVID-19 outbreak.


    Click here for the full regulatory report
     
    For more information, contact:
    Scott Fisher, Sr. Vice President of Policy & Public Affairs, at 512.617.4308 / sfisher@tffa.com
    TFFA Coronavirus Resources
    Texas Food & Fuel Association
    401 W 15th St, Ste 510, Austin, TX 78701

    info@tffa.com  /  512.476.9547  /  www.tffa.com





     
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