Everyone, I just worked with one of our associates in my firm to issue a client alert on our firms’ website. In response to the economic downturn at the start of the coronavirus pandemic, Congress passed an employee retention credit under the CARES Act. The employee retention credit is a refundable tax credit for qualified wages paid from March 13, 2020, through June 30, 2021, by eligible employers. But, different rules apply to credits for qualified wages paid in 2020 and qualified wages paid in 2021. I would encourage you to read the more detailed client alert, which you can access here.