Employee retention credits as updated by the Consolidated Appropriations Act, 2021 (CAA)

The CAA made several significant employer-friendly changes to the ERC and have effectively created two separate versions of the credit, one for 2020 and another for 2021. We have developed a flowchart that outlines the differences between the two and guidance on how to determine eligibility.

Download the flowchart

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Coronavirus benefit coordination matrix

Each business must determine which relief programs will have the most positive impact on their business. Baker Tilly’s coronavirus benefit coordination matrix not only explains who can use each benefit, but how each benefit coordinates with others.

A preview of the matrix is shown below, highlighting the 2021 employee retention credit.

2021 ERC updates

Download the coronavirus benefit matrix

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For more information or to learn how Baker Tilly specialists can help, reach out to your Baker Tilly advisor or contact our team.