What Is the Employee Retention Tax Credit and How Do I Qualify and Receive the Credit?

Small Business Tax Savings Podcast

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On this episode Mike Jesowshek, CPA shares a webinar he did on the Employee Retention Tax Credit. The Employee Retention Credit is a federal government cash award available to virtually every small business (<=100 in 2020 and <=500 employees 2021) in America. Generally, your business will be entitled to up to $5,000 for every employee in 2020 and up to $28,000 per employee in 2021.

1) Eligibility
2) Period of Availability
3) Amount

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