Did you know: As an assisted living employer affected by the pandemic, you may be eligible to receive a tax credit of up to $26,000 per employee.

Sign up for NCAL’s free, members-only webinar on February 16 from 2:00 – 3:00 pm to learn more.

• The webinar will be recorded and available for access after the live event.

About the tax credits: Congress made refundable payroll tax credits possible by  revising the Taxpayer Certainty and Disaster Tax Relief Act of 2020.

• The expansion of the CARES Act Employee Retention Credit (ERC) creates opportunities for previously excluded recipients of PPP.

In March 2021, the stimulus package extended the credits for another six months making employers eligible through September 30, 2021. If you’re eligible, LG Resources will provide:

• Justification via IRS guidelines to claim the credit
• Calculation of the credit
• LG Resources will file your amended 941X and help get the ERC for 2020 & 2021

If your business was fully or partially suspended by government orders or experienced a reduction in year-over-year gross recipients of 50 percent in 2020 or 20 percent in 2021, you may qualify.