Congress Enacts Changes to Employee Retention Credit

COVID-19
Congress recently enacted changes to the employee retention credit that was first created by the CARES Act as a means to help certain employers impacted by the pandemic. AHCA/NCAL recommends discussing this with your tax professionals to gauge their potential usefulness for your business. 

This redline version of the legislative text shows the statutory changes recently made to the employee retention credit. Additional information is provided in this KPMG update.