How to Claim the Employee Retention Credit for the First Half of 2021
The Internal Revenue Service has issued guidance on how to claim the employee retention credit for the first and second quarters of 2021. The IRS will issue guidance on the employee retention credit from July 1 to Dec. 31, 2021, provided in new Sec. 3134, at a later date.
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** This information is provided for general educational purposes only. Before taking any action based on this information, we strongly encourage you to consult with a professional accounting advisor about your specific situation.