Myron Moser

The rules that govern the Employee Retention Credit have changed, and generally the new rules have expanded the number of companies that can claim it. Still, myths and misconceptions are common. Columnist Myron Moser clears up several of them in this issue.

Manufacturers that have experienced losses in revenue and other business disruptions from the pandemic can seek relief in a tax reduction, the Employee Retention Credit. Beyond using it to make up for past losses, astute manufacturers can use this opportunity to reinforce their supply chains to be better prepared for the next disruption.

Congress continues to support the economy through bills that assist employers, one of the latest being the Employee Retention Credit. Contributing author Myron Moser describes the plan and helps to ward of the myths and misinformation about it.