by Benny Tamburrino | Jan 17, 2022 | Employee Retention Credits, Special Issues for Employees
Special Issues for Employers: Use of Third Party Payers 87. Can an Eligible Employer that uses a third party to report and pay employment taxes to the IRS get the Employee Retention Credit? Yes, if a common law employer is otherwise eligible to receive the Employee...
by Benny Tamburrino | Jan 17, 2022 | Employee Retention Credits, Special Issues for Employees
Special Issues for Employers: Income and Deduction 85. Does the Employee Retention Credit reduce the expenses that an Eligible Employer could otherwise deduct on its federal income tax return? Yes. Section 2301(e) of the CARES Act provides that rules similar to...