Business Class: Employee Retention Credit

The Bandon Chamber of Commerce hosts a two hour business class, 8 to 10 a.m., at the Bandon Community Center on Wednesday, January 18. Bandon CPA Anne McCaleb will present on the Employee Retention Credit.

The Employee Retention Credit (ERC) and its updates are part of the COVID-19 legislation. The credit is for employers whose businesses were affected by COVID-19 at any time from March 12, 2020 through the third quarter of 2021. If an employer was eligible for the credit during the entire eligibility period, the credit could be as high as $26,000 per employee! This is money back in your bank account. Join Anne to learn about eligibility requirements, how to calculate qualified wages, and how to claim the credit. The time period to claim the credit starts to phase out in July 2023!

Register online at Bandon.com/events or contact the Bandon Chamber of Commerce by phone at 541-347-9616. Admission is $12 for Bandon Chamber members, $17 for non members.