Deborah Tam and Christopher Wood of the Checkpoint Payroll team join to analyze an underdiscussed piece of the CARES Act – the Employee Retention Credit. Check out the Checkpoint Special Report COVID-19 Payroll & Benefits Considerations.

Additional resources you may find helpful:

IRS FAQs: Employee Retention Credit under the CARES Act

E-News for Tax Professionals 2020-17, Common errors to avoid when filing Form 7200

Form 7200

Instructions for Form 7200

Draft Form 941

Draft Instructions for Form 941

Draft Schedule R for Form 941