Retroactive Refund Opportunities – Employee Retention Tax Credit and PPP Forgiveness
Wednesday, March 24th
12:00pm-1:00pm
Presented By:
Scott Mariani, Withum Daniel Mayo, WIthum Jake Weichholz, Withum
Join us as we dive into the Employee Retention Tax Credit opportunities, requirements and limitations applicable to your medical practice. As a result of new legislation, the employee retention credit (ERC) was expanded and extended in 2021. There are two opportunities to consider: (i) retroactive relief for the 2020 ERC for all businesses that obtained a PPP loan and (ii) current ERCs for the first two quarters in 2021 (i.e., eligible employers can claim a refundable tax credit equal to 70% of the qualified wages.
This webinar will explore both opportunities and explain the applicable rules and IRS guidance, including strategic guidance to maximize both PPP loan forgiveness and the ERC. Join us as Withum’s experts discuss the provisions of the 2020 and 2021 ERCs in detail and walks through practical and strategic considerations for various employer scenarios.
Topics Include:
Overview of requirements and limitations of the ERC for both 2020 and 2021
Appreciate the changes in the law as it applied in 2020 and as it will apply for the first two calendar quarters of 2021
Understand the retroactive provisions pertaining to employers who received PPP loans
Maximize the ERC in light of PPP loan forgiveness for PPP1 and PPP2
(NYMGMA Members Attend Free, Non-members $35.00)
HOW TO JOIN THE WEBINAR: Please use the link provided in the confirmation email to complete your registration.
Continuing Education Units, CEU's:
Earn up to 1.0 continuing education unit hours for each hour of education from the ACMPE, American College of Medical Practice Executives. Our events are eligible for continuing education units as awarded by other professional associations. We recommend that you contact your professional association for their approval process.
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