Payroll Tax Considerations in the CARES Act and Beyond-07/26/2021 (2PM ET) (Currently Unavailable)

Date: Monday, July 26, 2021
Instructor: Annette Nellen
Begin Time:  11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time
CPE Credit:  1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC

Since March 2020, new payroll tax credits have been enacted, modified and extended. These credits are for sick and family leave, retaining employees, and special COBRA coverage. Highlights of each credit along with practice and due diligence considerations are covered. A list of resources about these credits is included in the materials.

Topics Covered

  • Basic operation and qualifications of the COVID-19 paid leave credits, Employee Retention Credit and COBRA credit
  • Key factors to look for to determine qualification
  • Due diligence including recordkeeping

Learning Objectives

  • Identify when COVID employment tax credits apply to employers
  • Recognize how to explain key requirements for qualifying for COVID-19 employment tax credits

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
Basic understanding of tax preparation.

Advance Preparation
None

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