American Rescue Plan Act: Impact on Nonprofits and Other Social Good Organizations
Connection Cafe
MARCH 11, 2021
Employee Retention Tax Credit. The American Rescue Plan Act also includes an extension of the Employee Retention Tax Credit, which was created through the CARES Act, through December 31, 2021. The Employee Retention Tax Credit is a refundable payroll tax credit for wages paid by employers to employees during the COVID-19 crisis.
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