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COVID-19

Coronavirus (COVID-19) News & Announcements

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Wednesday, April 1, 2020

Wednesday, April 1, 2020
IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19

The Treasury Department and the Internal Revenue Service today 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.

U.S. Treasury Department and Internal Revenue Service

(0) Comments Montgomery Alabama MGM Montgomery AL Montgomery COVID-19 Coronavirus City of Montgomery Cautious but Ready #keepMGMworking IRS Internal Revenue Service U.S. Treasury Deparment

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