The Employee Retention Tax Credit (ERTC) remains available for businesses affected by COVID-19, allowing them to claim a tax credit of up to $26,000 per employee. Eligibility criteria include a mandated shutdown, revenue decrease, COVID-19 impact, or supply chain disruption. Even businesses with forgiven PPP loans can apply for ERTC. The credit covers 2020 and the first three quarters of 2021 and must be filed by December 31, 2023. Dental Business Specialists can assist with ERTC filings. Changing your name upon marriage as a licensed professional, obtaining labor employment posters, and reducing credit card processing fees through MDA-endorsed programs are also discussed.
Tye, Eric DDS and Kanazeh, Angela MS, CMP
"MDA At Your Service: Is It Too Late to File for an Employee Retention Tax Credit?,"
The Journal of the Michigan Dental Association: Vol. 104:
8, Article 6.
Available at: https://commons.ada.org/journalmichigandentalassociation/vol104/iss8/6
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