News Quick read.

CCA- US Tax Credit for Employee Retention

13 Jan, 2021

On Dec. 20, 2020, the House and Senate passed H.R. 133, the Consolidated Appropriations Act of 2021 (“CAA”), which includes a significant expansion of the Employee Retention Tax Credit (“ERTC”) through June 30.

The ERTC was first enacted on March 27, 2020, pursuant to the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which provided eligible employers with a refundable tax credit for up to $5,000 per employee, for qualified wages paid from March 13, 2020, through the end of the year.

You can find more details here.
Cloud Communications Alliance

Related Posts

Browse these posts below for the latest in cloud communications news and insights.

20 February 2025
Q Advisors Represents STARFACE Group, a Maxburg Portfolio Company, in its Acquisition by Gamma Communications
With all required conditions met, the transaction is complete and represents a ...
20 February 2025
New Vonage Research Highlights Continued Rise of AI and Its Impact on CX
As demand for and adoption of AI-fueled capabilities grow, annual Global ...
20 February 2025
Cloud Communications Alliance Urges FCC to Docket Petition Reinforcing Vonage Preemption and Blocking California’s Regulatory Overreach
CCA remains committed to working with industry stakeholders and policymakers to ...

Searching For Cloud
Communications Services? 

We’ll guide you to the best provider for your needs.

Join the CCA Today!

Join over 150+ cloud communications companies already growing with CCA.