Financial Institutions: Employee Retention Credit Considerations

Presented on June 23, 2022

Seth Doorn, Senior Manager, Moss Adams
Craig Lammlin, Senior Manager, Moss Adams

The Employee Retention Credit (ERC) is a refundable credit businesses can claim on qualified wages—including certain health insurance costs—paid to employees. This benefit is often overlooked by businesses that were deemed essential, such as banks and credit unions.

Watch our on-demand webcast, Tax Credit Considerations for Financial Institutions, addressing key tax trends and revisions, potential implications for your financial institution, and federal and state compliance and planning topics related to the ERC.

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