டரின் ஃப்ர்யாஂட்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Everything changed as the calendar flipped to 2021.
Unsplash/Louis Hansel
Not only is the Employee Retention Credit retroactive for 2020, but it extends at least through the first two quarters of 2021 as well.
Running a restaurant is an adventure, even in the best of times.
As anyone in the restaurant and foodservice industry can attest, 2020 was far from the best of times. The near-immediate onslaught of COVID-19 forced restaurants of all kinds into a crisis, shifting major aspects of business operations from physical layouts to menus to staff size.
Restaurants were among the largest users of PPP loans when the CARES Act was passed last spring as more than three million industry jobs were lost in the first three weeks of March. While that was a necessary lifeline, the assumption was that the other relief program included in the CARES Act the Employee Retention Tax Credit would be unavailable as the two were thought to be mutually exclusive. ....

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