Employee Retention Credit: The biggest and most-misunderstood tax incentive
If you took out a PPP loan, you could be eligible for a federal Employee Retention Credit.
For each employee you kept throughout 2020, you could receive up to a $5,000 credit for the year, and another $7,000/quarter for the first three quarters in 2021.
These credits are sent to you in the form of a check from the Treasury, to use any way you want. In fact, the Employee Retention Credit is one of the largest credits available to business owners, delivering thousands of dollars in credits for each employee with qualified wages.
Join us Wednesday, August 24, as alliantgroup Associate Director Johnathon Johnson presents a special 1.5-hour webinar, Employee Retention Credit: The biggest and most misunderstood tax incentive.
Designed for dealer principals and owners, Johnathon will share information on the single largest tax break available to American businesses. This incentive was recently changed by Congress, so more businesses can take advantage of it.
Johnathon will walk you through misconceptions and how you can use the credit to potentially generate a substantial cash refund.
- The common misconception about not being able to qualify
- How you qualify, even if you did not experience a revenue decline
- The application process for what could be a substantial credit
- When you can expect to receive your refund
About our presenter
alliangtroup works with more than 4,500 CPA firms to find forgotten tax credits for their clients. Founded in 2001, alliantgroup has more than 1,500 people on staff; four are former IRS commissioners.
Johnathon Johnson is an Associate Director, specializing in alliantgroup's Employee Retention Credit Practice. He's an expert in finding credits and incentives for a variety of industries, including auto and RV dealerships, manufacturing and distribution, to name a few.
Johnson has worked with businesses all over the country and has helped owners identify more than $260 million in credits and incentives.
Wednesday, August 24, 2022
8 - 9:30 a.m. Webinar
Webinar — your location