The Employee Retention Credit (ERC) was created to encourage employers to keep their workforces intact during the COVID-19 pandemic and has been available for more than a year. But with the new American Rescue Plan Act (ARPA) extending the credit and expanding eligibility, many employers still have questions about ERC. Brown Smith Wallace Tax Principal John Schwartze will walk through the credit extension, expanded eligibility and provide examples of how employers can utilize the ERC for their benefit.
