The Employee Retention Tax Credit (ERTC) is a fully refundable tax credit for employers. Eligible restaurants can now access ERTC for both 2020 and 2021 for eligible employee wages as long as these specific payroll wages and/or group benefits were not directly paid with Paycheck Protection Program (PPP) loan funds. Employers can access up to $5,000 per eligible employee in 2020, and up to $7,000 per eligible employee for each calendar quarter in 2021. Restaurants can now receive up to $33,000 per eligible employee in ERTC across 2020 (up to $5,000) and 2021 ($7,000 for each calendar quarter). To learn more, click here. The National Restaurant Association does caution any restaurant that plans to use ERTC in Q4 of 2021 as Congress may act to no longer allow the credit. You can read more about that by clicking here. If you need help finding someone to help file your paperwork for the ERTC, please contact info@nysra.org.