Employee Retention Tax Credit AND the Work Opportunity Tax Credit

Am I eligible for both the Employee Retention Tax Credit AND the Work Opportunity Tax Credit?

The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021. Eligible employers can get immediate access to the credit by reducing employment tax deposits they are otherwise required to make.[…]

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