Published Jul 08, 2021
Did you know your church can save thousands of dollars with the Employee Retention Credit? And it’s not too late. In 2021, your church can receive up to $14,000 per qualified employee. The Employee Retention Credit (ERC) is a fully refundable tax credit for employers equal to 50% (2020) or 70% (2021) of the first $10,000 in qualified wages (per employee) that employers pay their employees.
We sat down with Charlie Cutler of ChurchWest Insurance Services and Jennifer Bursch of Tyler & Bursch to walk churches through the tax credit.
**At the beginning of the webinar, the team was having technical difficulties. They figured it out and a few minutes in the video shows up. The audio is clear and starts out with our very own Marc Tempesta, CFO here at the California Southern Baptist Convention.