The Consolidated Appropriations Act, 2021, makes significant changes to the employee retention tax credits available under the CARES Act. The changes are generally designed to increase availability, scope and amount of the credits, and now certain employers that received a Payroll Protection Program (PPP) loan may be eligible to claim the credit. In a new video, James W. Kim, who leads the Firm’s Federal Loan Assistance Task Force, discusses these changes with Brian Tiemann, a partner in the Employee Benefits Practice Group. Go to See more +

The Consolidated Appropriations Act, 2021, makes significant changes to the employee retention tax credits available under the CARES Act. The changes are generally designed to increase availability, scope and amount of the credits, and now certain employers that received a Payroll Protection Program (PPP) loan may be eligible to claim the credit. In a new video, James W. Kim, who leads the Firm’s Federal Loan Assistance Task Force, discusses these changes with Brian Tiemann, a partner in the Employee Benefits Practice Group. Go to our PPP Hot Topic page to learn more: https://coronavirus.mwe.com/covid-relief-updates-paycheck-protection-program-save-our-stages-grants/ See less -