IRS Releases New COVID-19 Employer Tax Credits for 2021 Tax Filing Year

The IRS has revealed new COVID-19 tax credits for employers of any size, including those that are tax-exempt organizations. For wages paid from March 13, 2020 through December 31, 2020, an employer can receive a refundable tax credit of 50% up to $10,000 in qualified wages paid to an employee. It also includes related and… Read more »