Employee Retention Credit Rescues Some Companies, Baffles Others

July 28, 2021, 8:45 AM

Andrew Little credits several government relief programs with helping his California-based solar installation company navigate the pandemic. But Sunternal Construction Inc.’s ability to stay in business hinged on just one: a huge tax break he almost didn’t apply for.

He isn’t alone. Many qualified businesses aren’t claiming the employee retention tax credit, a pandemic relief measure worth up to $28,000 a year per employee kept on the payroll. Without congressional changes, the clock will run out Dec. 31 on their ability to get the money.

“The difficulty here is that here are a lot of new concepts smashed together,” ...

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