3103, 2021

Employee Retention Tax Credit

By |March 31st, 2021|

As you probably know, in March 2020, Congress passed the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act"), which included an employee retention tax credit (the "ERTC"). Then, in December 2020, that ERTC was extended into the first two quarters of 2021 by the Consolidated Appropriations Act (the "CAA"). Now, American Rescue Plan Act (the "ARPA"), in [...]

3103, 2021

Requiring Employee Vaccinations

By |March 31st, 2021|

Can I (as the employer) require my employees to be vaccinated against COVID-19? Good question. We’re already vaccinating significant portions of the population. As we continue to march towards having COVID-19 vaccines made available to all of the general public, employers must decide whether to (1) require their employees to have a vaccination; (2) incentivize employees to get vaccinated; [...]

2001, 2021

Update on the ERC through the CAA

By |January 20th, 2021|

If you are wondering about the expanded Employee Retention Credit (ERC) that was recently made available through the Consolidated Appropriations Act (CAA), we have the following information to consider. This credit is only available for employers that had a full or partial suspension of their business during any calendar quarter of 2020 because of government limiting commerce, travel, or [...]

409, 2020

Social Security Tax Deferral Update

By |September 4th, 2020|

As you probably know, on August 8, 2020, the President issued a memorandum related to delaying the employee portion of Social Security payroll taxes. Then, on August, 28, the IRS released Notice 2020-65, found here: setting forth some guidance on the President's memorandum. As expected, the Notice announced an optional delay of the due date for the withholding and payment [...]

1707, 2020

RMI video regarding the PPP

By |July 17th, 2020|

We hope that you and your employees continue to be safe and healthy during this trying time. To compliment the regular updates on the different legislation that has been passed to assist businesses (and the PPP loan aspect of those in particular), we wanted to reach out again with some additional, and hopefully helpful, information. RMI has worked with [...]

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