OrbitaxU.S. IRS Issues Guidance on Extended Employee Retention Credit for COVID-19
|Approved Changes|United States
The U.S. IRS has issued guidance on the extended employee retention credit for COVID-19 in a release published 26 January 2021.
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New law extends COVID tax credit for employers who keep workers on payroll
IR-2021-21, January 26, 2021
WASHINGTON — The Internal Revenue Service urges employers to take advantage of the newly-extended employee retention credit, designed to make it easier for …
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