FAQs: Employee Retention Credit under the CARES Act

 

Notice: Historical Content


This is an archival or historical document and may not reflect current law, policies or procedures.

The Employee Retention Credit under the CARES Act encourages businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.

Frequently Asked Questions

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