The employee retention credit encourages employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19.
#IRS
has posted FAQs to help you understand this new credit. See
#COVIDreliefIRS
3
38
38
Replies
@IRSsmallbiz
@SBAgov
How does it "encourage" payroll when you force the 1099 worker to file for their own PPP money, and not grant the money to come through their employer?
0
0
0
@IRSsmallbiz
@SBA_Oklahoma
What are the qualifications for a Partnership LLC using contract labor?
0
0
0
@IRSsmallbiz
@SBAgov
How long is it taking for businesses to get a response on the loans request?
0
1
1