Short PDF explaining the Employee Retention Tax Credit (ERTC) Reinstatement Act of March 2021 and how it may affect your business or non-profit from qualifying for tax rebates from the I.R.S.
Avoid mass redundancies and rebuild your business with the help of HM Optimisation. Get pre-qualification for Federal aid now. More details at https://erctfund.com
Congress passes $484 billion coronavirus relief packageErin Schroeder
On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the newest coronavirus aid bill, which includes funding for small businesses, hospitals and coronavirus testing.
Avoid mass redundancies and rebuild your business with the help of HM Optimisation. Get pre-qualification for Federal aid now. More details at https://erctfund.com
Congress passes $484 billion coronavirus relief packageErin Schroeder
On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the newest coronavirus aid bill, which includes funding for small businesses, hospitals and coronavirus testing.
Health Care Reform - list of items for employers as we approach 2013 and 2014. Join us 9/12/12 for our event on the Affordable Care Act/Health Care Reform.
Newsletter on daily professional updates- 09/04/2020CA PRADEEP GOYAL
“Sharing your knowledge with others does not make you less important
Keep sharing, keep connected.”
Here is your Daily dose of professional updates 09/04/2020
Health Reform Bulletin 130 | Senate Releases Health Care Reform ProposalCBIZ, Inc.
he Senate has now made public its health care reform bill, named the “Better Care Reconciliation Act of 2017”. In many ways, it tracks the House bill passed on May 4, 2017 (see the CBIZ Health Reform Bulletin 128 – House Passes the American Health Care Act, 5/5/2017).
On April 19, Tony Fiore presented to the Tuscora Chapter of the Society for Human Resource Management (SHRM) on the topic of the top issues affecting Ohio's HR professionals. He detailed 2016's lasting effects, advocacy/politics, employment and labor laws, unemployment compensation, federal appointments/issues + healthcare + workplace flexibility.
Don’t Miss Out on the Newly Supercharged Employee Retention Tax CreditCBIZ, Inc.
The Employee Retention Tax Credit (ERTC) was established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, but limitations on its availability tempered interest in the relief measure. That is about to change, thanks to significant changes made on Dec. 27, 2020, by the Consolidated Appropriations Act, 2021. Employers should immediately begin analyses to identify and calculate the value of retroactive or prospective ERTC benefits. Learn more.
Check the 2020/2021 employee retention credit claim qualifications FAQs, and calculate the potential credit amount per each W2-Employee by filling out the ERC Nationwide application form. Further information on how to apply and ERC eligibility can be found at https://ercframe.com.
Unshackle Upstate sent a letter to Lawrence Schwartz, Chair of the Mandate Relief Redesign Team (MRRT) and senior advisor to Governor Cuomo, identifying nine recommendations that will help reduce the costly, unfunded mandates that the state imposes on local governments and school districts.
For more information, visit: www.unshackleupstate.com
DI Comment to FGBased on the recipients of information the cri.docxcuddietheresa
DI
Comment to FG
Based on the recipients of information the criteria for accounting principles and financial statements vary. A government agency is required to report its activities to the government, while a non-profit organization is required to report to its members, donors and funding agencies. In the US, GAAP governs all non-profit organizations and government agencies. The government meets the GASB requirements in this context and non-profit organizations obey the FASB provisions.
The budget is a very important element under the GASB requirements for government entities. In 1999 the GASB issued a statement allowing these institutions to present a comparative financial statement showing the entity's performance in relation to the approved budgets. "GASB Statement No. 34 will henceforth allow governments to choose to present mandated budgetary comparisons either as part of the basic audited financial statements." (Government Finance Officers Association, 2000)
For its part, the budget of a non-profit organization is based on a activities plan for which donors and members make their contributions. However, the dilemma for nonprofit organizations' budgets is that donors have the right to allocate their funds according to their interests. According to (Klotz, 2020) "… it's all about being clear what you are asking for and being clear what the donor intends." I think this is an important feature that contrasts a budget of a non-profit entity versus a budget of government entity. The latter has the funds in advance and a board that theoretically represents the taxpayers approves this budget.
References:
Comment to SJ
In order for a government to function "Congress must create and pass numerous funding bills each fiscal year to keep the federal government open." (USA GOV, Budget of the US Government, 2010). Governmental budgets that are passed each fiscal year begin October 1st and end on the last day of September before starting the new fiscal year. The government makes money by collecting taxes and burrowing capital in return for saving bonds. When the government burrows they must pay the interest on the debt which is normally less then 10% of the budget. Majority of the budget goes towards "Funding for Social Security, Medicare, veterans benefits, and other spending required by law. This is called mandatory spending and typically uses over half of all funding." (USA GOV, Budget of the US Government, 2010). When creating the budget plan for the government it is very important to consider the mandatory spending and the discretionary spending which is a third of the budget. If the bill created by senate and house is not signed by the president to make it a law then national parks may shut down, taxpayers will not receive a tax refund, and grants will be suspended.
Not for profit business budgets are created completely different from governmental budgets. For example, the staff in the not for profit organization is responsible for creating the ...
DI Comment to FGBased on the recipients of information the cri.docxmariona83
DI
Comment to FG
Based on the recipients of information the criteria for accounting principles and financial statements vary. A government agency is required to report its activities to the government, while a non-profit organization is required to report to its members, donors and funding agencies. In the US, GAAP governs all non-profit organizations and government agencies. The government meets the GASB requirements in this context and non-profit organizations obey the FASB provisions.
The budget is a very important element under the GASB requirements for government entities. In 1999 the GASB issued a statement allowing these institutions to present a comparative financial statement showing the entity's performance in relation to the approved budgets. "GASB Statement No. 34 will henceforth allow governments to choose to present mandated budgetary comparisons either as part of the basic audited financial statements." (Government Finance Officers Association, 2000)
For its part, the budget of a non-profit organization is based on a activities plan for which donors and members make their contributions. However, the dilemma for nonprofit organizations' budgets is that donors have the right to allocate their funds according to their interests. According to (Klotz, 2020) "… it's all about being clear what you are asking for and being clear what the donor intends." I think this is an important feature that contrasts a budget of a non-profit entity versus a budget of government entity. The latter has the funds in advance and a board that theoretically represents the taxpayers approves this budget.
References:
Comment to SJ
In order for a government to function "Congress must create and pass numerous funding bills each fiscal year to keep the federal government open." (USA GOV, Budget of the US Government, 2010). Governmental budgets that are passed each fiscal year begin October 1st and end on the last day of September before starting the new fiscal year. The government makes money by collecting taxes and burrowing capital in return for saving bonds. When the government burrows they must pay the interest on the debt which is normally less then 10% of the budget. Majority of the budget goes towards "Funding for Social Security, Medicare, veterans benefits, and other spending required by law. This is called mandatory spending and typically uses over half of all funding." (USA GOV, Budget of the US Government, 2010). When creating the budget plan for the government it is very important to consider the mandatory spending and the discretionary spending which is a third of the budget. If the bill created by senate and house is not signed by the president to make it a law then national parks may shut down, taxpayers will not receive a tax refund, and grants will be suspended.
Not for profit business budgets are created completely different from governmental budgets. For example, the staff in the not for profit organization is responsible for creating the.
1Group Term Policy Modification Paper2H.R. 6201 Families .docxdurantheseldine
1
Group Term Policy Modification Paper
2
H.R. 6201 Families First Coronavirus Response Act
Group Term Policy Modification Paper:H.R. 6201 Families First Coronavirus Response Act
H.R. 6201 Families First Coronavirus Response Act
Introduction
The outbreak of the coronavirus disease in Wuhan, China, in December 2020 and its spread to other parts of the world has led to significant changes not only in the United States but throughout the world. Globally, the public sector and policymakers have faced the biggest test in generations. New policies have been necessitated by livelihoods and lives hanging in a delicate and terrible balance. Some of the policies put in place are meant to leverage collapsing economies, health cruses, political and social disruption (Washington State Department of Social and Health Services, 2020). The world economy has taken a nosedive. Some international bodies such as WHO and WTO have been working to mitigate the pandemic's adverse effects on a global scale. The script is not different in the national, state, and local effects of coronavirus disease. Both Federal and State Governments have been struggling to contain the spread and impact of the disease on the economy. The pandemic has scaled down economic activities. The U.S. economy has slowed down significantly. Unemployment is growing rapidly. The adverse effects have led to the enactment of several policies to mitigate the impacts (Washington State Department of Social and Health Services, 2020). One of the laws that have been enacted to mitigate the adverse effects of coronavirus disease on the Americans is The Families First Coronavirus Response Act (H.R. 6201). This paper evaluates The H.R. 6201 and how it mitigates coronavirus disease's adverse effects on the Americans. That provides funding for Americans to be able to meet their basic financial needs. It increases funding for food stamps, paid leave (14 days) for those employees experiencing effects of coronavirus disease outbreak, and provides funding for free coronavirus testing areas. Additionally, the bill provides funding to mitigate the ongoing economic consequences of the pandemic, protect front-line health workers, expand food assistance to the vulnerable families and children, and support strong unemployment benefits, among other provisions. For our term policy modification paper we have proposed the following change: Propose Change
A change in our opinion is for the second stimulus to have been passed to all Americans because as of today people are still without a job and seeking. Those workers who have stayed with their jobs have been reduced in their benefits.
Companies with employees less than 500 should be exempted from paying leave to their employees while big companies having more than 500 employees should provide pay leaf otherwise the bill is unfair to small business (Hamilton, 2020)
The Act requires that the employers should provide Emergency Pa.
The most recent white paper from Pentegra. The purpose of the timing of this paper—immediately after the signing of the Executive Order promoting MEPs—is to spur constructive dialogue nationally about the best path forward with respect to MEPs.
CBIZ Commercial Real Estate Quarterly Newsletter – June 2021CBIZ, Inc.
This issue tackles two of the hottest topics for the CRE sector - what you can do to reduce the cost of property insurance and how to take advantage of the newly supercharged employee retention tax credit. Rounding out the issue is coverage of Biden’s tax plan and short takes on Q1 and Q2 CRE sector news. As an added bonus, links are provided to COVID-19 resources, on-demand webinars and additional content & business aids. Learn more.
Health Care Reform - list of items for employers as we approach 2013 and 2014. Join us 9/12/12 for our event on the Affordable Care Act/Health Care Reform.
Newsletter on daily professional updates- 09/04/2020CA PRADEEP GOYAL
“Sharing your knowledge with others does not make you less important
Keep sharing, keep connected.”
Here is your Daily dose of professional updates 09/04/2020
Health Reform Bulletin 130 | Senate Releases Health Care Reform ProposalCBIZ, Inc.
he Senate has now made public its health care reform bill, named the “Better Care Reconciliation Act of 2017”. In many ways, it tracks the House bill passed on May 4, 2017 (see the CBIZ Health Reform Bulletin 128 – House Passes the American Health Care Act, 5/5/2017).
On April 19, Tony Fiore presented to the Tuscora Chapter of the Society for Human Resource Management (SHRM) on the topic of the top issues affecting Ohio's HR professionals. He detailed 2016's lasting effects, advocacy/politics, employment and labor laws, unemployment compensation, federal appointments/issues + healthcare + workplace flexibility.
Don’t Miss Out on the Newly Supercharged Employee Retention Tax CreditCBIZ, Inc.
The Employee Retention Tax Credit (ERTC) was established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, but limitations on its availability tempered interest in the relief measure. That is about to change, thanks to significant changes made on Dec. 27, 2020, by the Consolidated Appropriations Act, 2021. Employers should immediately begin analyses to identify and calculate the value of retroactive or prospective ERTC benefits. Learn more.
Check the 2020/2021 employee retention credit claim qualifications FAQs, and calculate the potential credit amount per each W2-Employee by filling out the ERC Nationwide application form. Further information on how to apply and ERC eligibility can be found at https://ercframe.com.
Unshackle Upstate sent a letter to Lawrence Schwartz, Chair of the Mandate Relief Redesign Team (MRRT) and senior advisor to Governor Cuomo, identifying nine recommendations that will help reduce the costly, unfunded mandates that the state imposes on local governments and school districts.
For more information, visit: www.unshackleupstate.com
DI Comment to FGBased on the recipients of information the cri.docxcuddietheresa
DI
Comment to FG
Based on the recipients of information the criteria for accounting principles and financial statements vary. A government agency is required to report its activities to the government, while a non-profit organization is required to report to its members, donors and funding agencies. In the US, GAAP governs all non-profit organizations and government agencies. The government meets the GASB requirements in this context and non-profit organizations obey the FASB provisions.
The budget is a very important element under the GASB requirements for government entities. In 1999 the GASB issued a statement allowing these institutions to present a comparative financial statement showing the entity's performance in relation to the approved budgets. "GASB Statement No. 34 will henceforth allow governments to choose to present mandated budgetary comparisons either as part of the basic audited financial statements." (Government Finance Officers Association, 2000)
For its part, the budget of a non-profit organization is based on a activities plan for which donors and members make their contributions. However, the dilemma for nonprofit organizations' budgets is that donors have the right to allocate their funds according to their interests. According to (Klotz, 2020) "… it's all about being clear what you are asking for and being clear what the donor intends." I think this is an important feature that contrasts a budget of a non-profit entity versus a budget of government entity. The latter has the funds in advance and a board that theoretically represents the taxpayers approves this budget.
References:
Comment to SJ
In order for a government to function "Congress must create and pass numerous funding bills each fiscal year to keep the federal government open." (USA GOV, Budget of the US Government, 2010). Governmental budgets that are passed each fiscal year begin October 1st and end on the last day of September before starting the new fiscal year. The government makes money by collecting taxes and burrowing capital in return for saving bonds. When the government burrows they must pay the interest on the debt which is normally less then 10% of the budget. Majority of the budget goes towards "Funding for Social Security, Medicare, veterans benefits, and other spending required by law. This is called mandatory spending and typically uses over half of all funding." (USA GOV, Budget of the US Government, 2010). When creating the budget plan for the government it is very important to consider the mandatory spending and the discretionary spending which is a third of the budget. If the bill created by senate and house is not signed by the president to make it a law then national parks may shut down, taxpayers will not receive a tax refund, and grants will be suspended.
Not for profit business budgets are created completely different from governmental budgets. For example, the staff in the not for profit organization is responsible for creating the ...
DI Comment to FGBased on the recipients of information the cri.docxmariona83
DI
Comment to FG
Based on the recipients of information the criteria for accounting principles and financial statements vary. A government agency is required to report its activities to the government, while a non-profit organization is required to report to its members, donors and funding agencies. In the US, GAAP governs all non-profit organizations and government agencies. The government meets the GASB requirements in this context and non-profit organizations obey the FASB provisions.
The budget is a very important element under the GASB requirements for government entities. In 1999 the GASB issued a statement allowing these institutions to present a comparative financial statement showing the entity's performance in relation to the approved budgets. "GASB Statement No. 34 will henceforth allow governments to choose to present mandated budgetary comparisons either as part of the basic audited financial statements." (Government Finance Officers Association, 2000)
For its part, the budget of a non-profit organization is based on a activities plan for which donors and members make their contributions. However, the dilemma for nonprofit organizations' budgets is that donors have the right to allocate their funds according to their interests. According to (Klotz, 2020) "… it's all about being clear what you are asking for and being clear what the donor intends." I think this is an important feature that contrasts a budget of a non-profit entity versus a budget of government entity. The latter has the funds in advance and a board that theoretically represents the taxpayers approves this budget.
References:
Comment to SJ
In order for a government to function "Congress must create and pass numerous funding bills each fiscal year to keep the federal government open." (USA GOV, Budget of the US Government, 2010). Governmental budgets that are passed each fiscal year begin October 1st and end on the last day of September before starting the new fiscal year. The government makes money by collecting taxes and burrowing capital in return for saving bonds. When the government burrows they must pay the interest on the debt which is normally less then 10% of the budget. Majority of the budget goes towards "Funding for Social Security, Medicare, veterans benefits, and other spending required by law. This is called mandatory spending and typically uses over half of all funding." (USA GOV, Budget of the US Government, 2010). When creating the budget plan for the government it is very important to consider the mandatory spending and the discretionary spending which is a third of the budget. If the bill created by senate and house is not signed by the president to make it a law then national parks may shut down, taxpayers will not receive a tax refund, and grants will be suspended.
Not for profit business budgets are created completely different from governmental budgets. For example, the staff in the not for profit organization is responsible for creating the.
1Group Term Policy Modification Paper2H.R. 6201 Families .docxdurantheseldine
1
Group Term Policy Modification Paper
2
H.R. 6201 Families First Coronavirus Response Act
Group Term Policy Modification Paper:H.R. 6201 Families First Coronavirus Response Act
H.R. 6201 Families First Coronavirus Response Act
Introduction
The outbreak of the coronavirus disease in Wuhan, China, in December 2020 and its spread to other parts of the world has led to significant changes not only in the United States but throughout the world. Globally, the public sector and policymakers have faced the biggest test in generations. New policies have been necessitated by livelihoods and lives hanging in a delicate and terrible balance. Some of the policies put in place are meant to leverage collapsing economies, health cruses, political and social disruption (Washington State Department of Social and Health Services, 2020). The world economy has taken a nosedive. Some international bodies such as WHO and WTO have been working to mitigate the pandemic's adverse effects on a global scale. The script is not different in the national, state, and local effects of coronavirus disease. Both Federal and State Governments have been struggling to contain the spread and impact of the disease on the economy. The pandemic has scaled down economic activities. The U.S. economy has slowed down significantly. Unemployment is growing rapidly. The adverse effects have led to the enactment of several policies to mitigate the impacts (Washington State Department of Social and Health Services, 2020). One of the laws that have been enacted to mitigate the adverse effects of coronavirus disease on the Americans is The Families First Coronavirus Response Act (H.R. 6201). This paper evaluates The H.R. 6201 and how it mitigates coronavirus disease's adverse effects on the Americans. That provides funding for Americans to be able to meet their basic financial needs. It increases funding for food stamps, paid leave (14 days) for those employees experiencing effects of coronavirus disease outbreak, and provides funding for free coronavirus testing areas. Additionally, the bill provides funding to mitigate the ongoing economic consequences of the pandemic, protect front-line health workers, expand food assistance to the vulnerable families and children, and support strong unemployment benefits, among other provisions. For our term policy modification paper we have proposed the following change: Propose Change
A change in our opinion is for the second stimulus to have been passed to all Americans because as of today people are still without a job and seeking. Those workers who have stayed with their jobs have been reduced in their benefits.
Companies with employees less than 500 should be exempted from paying leave to their employees while big companies having more than 500 employees should provide pay leaf otherwise the bill is unfair to small business (Hamilton, 2020)
The Act requires that the employers should provide Emergency Pa.
The most recent white paper from Pentegra. The purpose of the timing of this paper—immediately after the signing of the Executive Order promoting MEPs—is to spur constructive dialogue nationally about the best path forward with respect to MEPs.
CBIZ Commercial Real Estate Quarterly Newsletter – June 2021CBIZ, Inc.
This issue tackles two of the hottest topics for the CRE sector - what you can do to reduce the cost of property insurance and how to take advantage of the newly supercharged employee retention tax credit. Rounding out the issue is coverage of Biden’s tax plan and short takes on Q1 and Q2 CRE sector news. As an added bonus, links are provided to COVID-19 resources, on-demand webinars and additional content & business aids. Learn more.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Sustainability: Balancing the Environment, Equity & Economy
ERTC Reinstatement Act
1.
2. The Employee Retention Tax Credit -
ERTC Reinstatement Act
The CARES Act Employee Retention Tax Credit (the “ERTC”) was originally
available to eligible employers on wages paid from March 13, 2020 to
December 31, 2020. Subsequent legislation extended the ERTC to
December 31, 2021, however, on November 15, 2021, the President signed
the $1 trillion bipartisan Infrastructure Bill into law which contained a
provision eliminating the ERTC in the fourth (4th) quarter of 2021.
Not Familiar with the ERTC Program?
Watch this Video First...
For all the details please continue reading the release from Synergi Partners
3. March 03, 2022
FOR IMMEDIATE RELEASE
On March 3, 2022, members of Congress sent a to Nancy Pelosi,
Speaker of the House; Charles Schumer, Majority Leader; Kevin
McCarthy, Minority Leader; and Mitch McConnell, Minority Leader
urging the passage of the
(H.R. 6161 and S. 3625) (the “ ”).
letter
Employee Retention Tax Credit Reinstatement
Act ERTC Reinstatement Act
4. The CARES Act Employee Retention Tax Credit (the “ERTC”) was originally
available to eligible employers on wages paid from March 13, 2020 to
December 31, 2020. Subsequent legislation extended the ERTC to
December 31, 2021, however, on November 15, 2021, the President signed
the into law which contained a
provision eliminating the ERTC in the fourth (4th) quarter of 2021. The
ERTC Reinstatement Act was introduced to Congress in December 2021
and, if passed, would reinstate the ERTC for fourth (4th) quarter of 2021
to help businesses recovery from the impact the COVID-19 pandemic has
had on their business operations.
$1 trillion bipartisan Infrastructure Bill
The letter notes that the ERTC was designed to help businesses a ected
by COVID to retain employees, rather than lay them o , or to enable
businesses to rehire employees that were previously laid o . The letter
also notes how the ERTC was one of the only remaining forms of aid
available for businesses and nonpro ts that continued to struggle due to
the pandemic. Members of Congress who drafted the letter have urged
the passage of the ERTC Reinstatement Act, which has the support of
over 70 bipartisan cosponsors and over 70 endorsing organizations.
Synergi Partners continues to monitor this legislation and advocate for
the passage of the ERTC Reinstatement Act.
5. To stay up to date on the latest legislative news, please follow Synergi
Partners on social media:
Facebook
Twitter
LinkedIn
Synergi Blog
About Synergi Partners
Comprised of tax credit veterans with 40 years of industry experience,
Synergi specializes in helping employers take advantage of federal and
state tax credit programs.
=============================================================
Ready to See if You Qualify for an
ERTC Rebate?
Click the button below and complete the short
questionnaire. It is free and it takes less than 10
minutes.
Find out Now