Originally part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Employee Retention Credit (ERC) is an important way that the federal government is seeking to help businesses affected by the pandemic. The ERC provides refundable payroll tax credits to qualifying businesses as part of an effort to incentivize businesses to keep employees working. The American Rescue Plan Act (ARPA) of 2021 expands the guidelines concerning ERCs provided by the CARES Act, as well as the timeline for them as well.

Download our helpful chart that breaks down the different tests businesses can perform to determine if they are eligible for these employee retention tax credits:

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