How to Recoup Thousands with the Employee Retention Credit for 2020
Find out what the Employee Retention Credit is, whether you're eligible, and how much money you can recover from your 2020 taxes if you qualify.
Get money back with a little-known tax credit program called the Employee Retention Credit
Did you know? Local businesses can recoup up to $5,000 per employee by retroactively claiming the Employee Retention Credit on their 2020 tax return. Unlike the popular Paycheck Program Program, most local businesses are unaware of the Employee Retention Credit program or have misconceptions about it.
Join the experts at ProService Hawaii and Accuity to learn how to retroactively take advantage of this 2020 tax credit — and recover thousands.
In this webinar, answer frequently-asked-questions like:
- What is the Employee Retention Credit?
- Who is eligible to retroactively claim it for 2020?
- How much can my business recoup?
- What do I need to do to claim the credit?
- And much more!
Note: This webinar was previously recorded for ProService Hawaii clients but is now available for public educational purposes. It will predominantly focus on the Employee Retention Credit qualifications for 2020. However, a brief preview of the 2021 tax credit will be provided.
Michelle Stone, Corporate Counsel & Director of Legal Operations, ProService Hawaii
Joan Fujita CPA, MBT, Tax Managing Director, Accuity
Moderated by Steve Seto, Vice President of Marketing, ProService Hawaii