Many organizations in the hospitality industry are unaware that they qualify for the CARES Act Employee Retention Credit (ERC). The ERC allows businesses and non-government nonprofit organizations impacted by COVID-19 to receive a refundable, above the line Federal payroll tax credit. This credit can be utilized as a cash refund and is worth up to $33,000 per employee.
The Florida Restaurant & Lodging Association has teamed up with Synergi Partners, the largest privately owned tax credit and business incentive processor, to bring you the latest information surrounding the ERC. During this webinar we will discuss eligibility, the expansion and extension of the ERC, compare the differences between 2020 and 2021 legislation, and showcase how the ERC can greatly benefit your organization.
- Tim Norwood, Executive Vice President, Synergi Partners
- Karen Freeman, National Sales Manager, Synergi Partners