ERC Eligibility and PPP Loans

Trying to digitize your work life? What better way to ditch the paper time sheets than by adopting Time and Attendance from isolved. iTime allows you to track and schedule your employees all in one streamlined place. Learn more about this feature in our free webinar.

IRS Clarifies Eligibility for 2020 Employee Retention Credit

Please join CTR for a free webinar where we will discuss new clarifications from the IRS regarding PPP borrowers and Employee Retention Tax Credit eligibility. Topics we will be addressing:

-Clarification on retroactive changes made to the 2020 ERC and how PPP Borrowers may claim the ERC
-Employer eligibility, what constitutes a full or partial suspension of trade or business operations and what defines a significant decline in gross receipts

We will also review the IRS clarifications on the maximum amount, qualified wages and how to substantiate the credit.