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Maximizing the Employee Retention Credit ERC in 2021 Expert Tips 1
Be cautious not to double-dip if alternative credits are available 2020 offered a credit of 50% on wages capped at $10,000 In contrast 2021 sees an increase to 70% making it crucial to reassess eligible wages per quarter Considerations for PPP forgiveness are paramount For 2020 if PPP forgiveness has been claimed certain wages may be ineligible for ERC.
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