Employee retention credit updates for not-for-profits

The employee retention credit (ERC) is a fully refundable payroll tax credit made available by the Coronavirus Aid, Relief and Economic Security (CARES) Act to employers, including not-for-profits (NFPs). Earlier in March, Baker Tilly hosted a webinar discussing changes to the ERC. If you missed it, watch the on-demand recording.

Now, listen to Baker Tilly’s NFP specialists as they highlight unique considerations for NFPs and what it could mean for your organization. They discuss:

• The Consolidated Appropriations Act (CAA) changes and how they may impact your organization
• Eligibility requirements including employee counts and qualifying wages
• Deadlines and next steps

This recording does not replace the detail or expertise included in the earlier webinar, but rather highlights key considerations unique to the NFP industry.

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.