KSDT L&D-Understanding Employee Retention Credits [1.5 CPE]

Title: Understanding Employee Retention Credits

Date:  November 12, 2021

Time:  12pm-1:30pm

Location:  Microsoft Teams [See Link Below]

 Overview:

The ERTC is a refundable tax credit that encourages businesses to keep employees on their payroll and is worth up to $5,000 per employee in 2020 and up to $7,000 per employee per quarter in 2021. To encourage small businesses to invest in new opportunities, Congress expanded the ERTC for businesses that have recently started a new trade or business and those that will do so before the end of 2021.  Quite recently, the IRS addressed some of the practical compliance questions tax practitioners had about this credit. This webinar explores all of the latest developments related to the ERTC that practitioners need to advise clients regarding this continually changing provision. This course will be led Wanda Garcia, Senior Associate and Linda Sanchez, CPA, Senior Manager

 Topics Covered:

  • How to qualify for the ERTC in 2020 and 2021
  • How to measure a significant decline in quarterly revenues for 2020 and 2021
  • Proc. 2021-33: safe harbor permitting employers to exclude certain amounts from gross receipts for ERTC purposes
  • IRS Notice 2021-49: addressing tax practitioner concerns relating to the ERTC
  • Full and partial government shutdowns
  • Small and large eligible employers
  • Value of the ERTC in 2020 and 2021
  • The recovery start-up opportunity for those taxpayers beginning a new trade or business after February 15, 2020 that have annual gross receipts of no more than $1 million for 2018-2020
  • Coordinating PPP loan forgiveness with wages that may be claimed for the ERTC
  • How to claim the ERTC

 Learning Objectives:

Participants will gain an understanding of but not limited to:

  • To identify need for Employee Retention Credit
  • Help clients identify ERC

About Presenters:

 Linda Sanchez is a Senior Manager with KSDT in the Tax Practice.   She leads a tax practice that focuses on complex domestic and international tax issues and matters.

Prior to joining KSDT, he held leadership roles with a large regional accounting firm, providing tax compliance and planning services.    Linda is a CPA, licensed to practice in the State of Florida

To reserve your seat e-mail or call Allen Kinkle, Director of Learning and Development for KSDT CPA at akinkle@ksdt-cpa.com or ext. 2525.

CPE Credits:  Participants will earn 1.5 CPE credits

Field of Study: Taxes

Additional Information:

 Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Kabat, Schertzer, De La Torre, Taraboulos & Company is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State Boards of accountancy have final authority on the acceptance of individual courses for CPE Credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Date

Nov 12 2021
Expired!

Time

12:00 pm - 1:30 pm

Labels

Tax

Location

Microsoft Teams (Only)