KBKG 2022 Webinar | Employee Retention Tax Credits: Qualifications, benefits and refunds

This course reviews the details of the recently passed Taxpayer Certainty and Disaster Tax Relief Act of 2020, including:

• Qualifying companies – aggregation rules, full-time employee limitations
• Qualifying wages – healthcare costs
• Reporting requirements and refunds
• Interaction with PPP loans, including the difference between the 2020 and 2021 credit rules and calculations
• Understanding how companies can immediately benefit from this valuable refundable tax credit
• Government shutdown orders
• Discussion of items from Notice 2021-49

Webinar Time Line
00:00:00 Start
00:00:16 Disclaimer
00:00:42 About KBKG
00:01:12 About the speakers
00:01:33 ERTC Overview
00:03:16 Effective dates and other information
00:04:50 Qualifying Employers
00:08:17 Types of governmental orders
00:17:35 Partial suspension of trade or business operations
00:21:19 Calculating gross receipts
00:23:06 Qualified Employees
00:26:44 Qualifies wages and credit
00:31:56 Affiliation Rules
00:35:52 How to claim the credit
00:36:10 Final Tax Considerations
00:38:30 KBKG ERTC service
00:38:30 KBKG ERTC service & questions
00:51:06 Closing