• Frank Quintero

Employee Retention Credit Launched


IRS Tax Credit for Keeping Employees on Payroll

The Employee Retention Credit, announced March 31, encourages businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. It is available to employers of all sizes except government offices and businesses that take Small Business Loans.

Read the Treasury news release >>

Find more information at the IRS Coronavirus Tax Relief Page >>

VISIT

City of Merced

Office of Economic Development

678 W 18th St. Merced, CA 95340

CALL

800-723-4788 Toll Free

209-385-6827 Phone

209-723-1780 Fax

CONTACT

Frank Quintero

Director of Economic Development

quinterof@cityofmerced.org

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