Emerging Tax Issues

PPP Loans and the Employee Retention Credit

The COVID-related Tax Relief Act of 2020 now allows PPP Loan recipients to claim the Employee Retention Credit (ERC) if they otherwise qualify. The Act also expands and extends these credits until June 30, 2021. If you received a PPP loan, or if you didn't and want to learn more about the ERC, please contact me. It is not too late to claim the credits for 2020. At no obligation, I would be happy to help you determine if you qualify for the credits and if you should claim them.

Frequently Asked Questions

When should I contact an accountant?

How can I know which accountant is right for me?

As soon as you start to think about your business, an accountant can help you take the next steps. We can discuss your business's organization, tax purposes and operations, along with target pricing and profit margins.

How can I know which accountant is right for me?

Does your accountant return your calls? Do you feel comfortable asking them a question? Do you feel heard? With the right accountant, the answers should be a resounding "Yes!"