Federal Empowerment Zone Employment Credit
The Empowerment Zone Wage Credit offers savings of up to $3,000 for all employees who live and work in one of the thirty (30) zones designated by Congress.
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Employee Retention Credit (CARES Act)
The Employee Retention Credit allow employers take a credit in the amount of 50% of up to $10,000 of an employee’s qualifying wages ($5,000 is the maximum credit amount). This credit then reduces your employer Social Security tax liability.
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