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Have you been impacted by COVID-19 or the Shelter in Place order and continued to pay your workers? You can get an Employee Retention Tax Credit up to $10,000 per employee. If you have 100 or fewer full-time employees, you may claim a credit for wages paid to all of your employees. If you have more than 100 employees, you may claim a credit for those furloughed or whose hours have been reduced as a result of closure or economic hardship.
NOTE: This tax credit is not available to employers if they take a Paycheck Protection Loan (PPP).
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