Did you know you can still claim the Employee Retention Credit (ERC), going all the way back to the first quarter of 2020?
The refundable credit is up to $26,000 per employee if eligible for all periods. Even if you got a PPP loan! The legal field has been profoundly impacted by the pandemic, and attorneys in Maryland and beyond, have been able to claim the ERC to help maintain their payrolls and navigate the uncertainty. Even if your firm’s revenue didn’t drop, you may have experienced a partial suspension in operations that would make you eligible.
Join Frost Law to discuss the ERC, its eligibility, tax treatment, and how businesses frequently meet the criteria.