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Keeping You Informed: Covid-19 Employee Retention Credit (ERC) Facts and Resources

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Solutions / COVID-19 Employee Retention Credit

Resources

Providing you with tools and resources to help assist with the Employee Retention Credit.

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Read the full text of the Employee Retention Credit in the CARES Act, Title II, Subtitle C, Sec.2301.

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Senate Finance Committee Employee Retention Credit FAQ’s

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The US Treasury’s statement on what businesses should know about the Employee Retention Credit.

The US Treasury’s “Frequently Asked Questions” provides up-to-date information on the Paycheck Protection Loan Program.

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The US Chamber of Commerce resource to Combatting the Coronavirus. Provides resources and guidance for small businesses (including weekly townhalls), trackers, toolkits and updated news.

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The Federal Reserve’s Main Street Lending Program.

This program will enhance support for small and mid-sized businesses by offering 4-year loans to companies employing up to 10,000 workers or with revenues under $2.5 billion. Principle and interest payments will be deferred for one year.

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Canadian government resource for the Canadian Emergency Wage Subsidy (CEWS) program.