Employee Retention Credit Tax , New form 941 and Form 7200 for Your Businesses & Clients

Smithmoore84927 Jul, 2022Education

SECURE Act and CARES Act and Stimulus packages have thrown a lot of incentives and money on the table for small businesses. CPAs, Accountants, Tax Professionals, and Advisors have to look into all the aspects to serve their clients or advise their company. In the noise of PPP and its forgivability lot of other things have been overlooked, which could bear a very significant impact on your clients. Among the many tax provisions included in the SECURE and CARES Act, crafted to provide liquidity for businesses suffering the effects of the COVID-19 outbreak, is one that postpones the employer portion of certain payroll taxes imposed in 2020 and gets tax credits. In this online continuing education course, we shall highlight some of the overlooked aspects of these changes.

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