Wednesday, December 08, 2021

US - The Internal Revenue Service (IRS) issues guidance regarding the retroactive termination of the Employee Retention Credit

The Internal Revenue Service issued guidance for employers regarding the retroactive termination of the Employee Retention Credit. 

The Infrastructure Investment and Jobs Act, which was enacted on November 15, 2021, amended the law so that the Employee Retention Credit applies only to wages paid before October 1, 2021, unless the employer is a recovery startup business. 

at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

EU: The Economic and Monetary Affairs Committee on June 23 adopted its position on the single currency package

The digital euro would offer citizens and businesses a private, secure and innovative way to pay, while reducing reliance on non-EU provider...