KROST/KBKG Internal Newsletter - November 2021

Page 23

SPOTLIGHT SERVICE - ERTC

CA MAIN STREET SMALL BUSINESS TAX CREDIT II

The Main Street Small Business Tax Credit II bill provides financial relief to qualified small businesses for the economic disruptions in 2020 and 2021, resulting in unprecedented job losses. Taxpayers that qualified for Employee Retention Credit may also qualify for the Main Street Small Business Tax Credit. A tentative credit reservation must be made with the CDTFA during the period of November 1, 2021 through November 30, 2021, or when the funds are depleted, whichever comes first. This credit is allocated on a first-come, first-serve basis. Act fast if you have qualifying clients. » One Pager | » Blog

EXPERTS Jason C. Melillo – Principal, ERTC & CA Main Street Credit

Ian Williams – Director, ERTC

David Troost – Senior Manager CA Main Street Credit

Jeff Kamin – Manager, ERTC

Return to Table of Contents

Quarterly Report | 23


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.