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 firstname.lastname@example.org.
PGE UNY General Assembly November 9, 2022
General Assembly was held on Nov. 7, 2022. We are excited to welcome in three new Board members.
A restaurant in Oregon threatened to fire servers who didn’t surrender their cash tips November 8, 2022
A restaurant in Oregon was fined $375,000 for keeping tips and not paying overtime wages.
Employee Retirement Plan October 20, 2022
New NYS law requiring small businesses to enroll employees in State IRA plan, if they do not currently offer one. Due to NYS delay...
CO2 Shortage August 29, 2022
Everyone knows you can’t have beer or soda without CO2. But, did you know carbon dioxide is used to stun animals before slaugh...
Ok… Not restaurant-related August 19, 2022
Cool chart showing China's acceleration as a manufacturing super power.