Employee Retention Credit
Case Study and Excel File Included to Assist with Eligibility and Calculation of the Credit for 2020 and 2021 - Recorded 1/6/21
This course provides an overview of the COVID-19 employee retention credit as created by the CARES Act and as expanded by the Taxpayer Certainty and Disaster Tax Relief Act of 2020. A case study will walk through the application of the employee retention credit to one employer through the tax year 2020-2021 period.
Learning Objective
- Explain the employee retention credit mechanism in the CARES Act.
- Describe the changes to the employee retention credit due to the Taxpayer Certainty and Disaster Tax Relief Act of 2020.
- Apply the employee retention credit rules to a case study situation.
Education Information
IRS Program Number: NMVBP-T-00176-21-S
Length: 50 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Self-Study
Field of Study: Federal Tax (IRS);
Credit hours: 1 IRS
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our education policies.