Prager Metis is proud to offer Employee Retention Credit (ERC) calculation assistance!

Alerts | Prager Metis | Jan 21, 2021

The recently-signed Consolidated Appropriations Act of 2021 made significant changes to the rules surrounding the CARES Act Employee Retention Credit (originally a refundable payroll credit for 50% of “qualified wages” paid or incurred by eligible employers to employees after March 12, 2020, and before January 1, 2021) including increasing the percentage to 70% and extending the period to June 30, 2021.

Most importantly, however, the Act states that PPP Loan Borrowers may now qualify for ERCs, provided wages were not paid with funds from the PPP Loan. This distinction is critical for calculating PPP Loan Forgiveness.

If you are interested in ERC calculation assistance, please reach out to your Prager Metis advisor or contact our Crisis Management team here.

2022-03-03T10:26:22-05:00

Prager Metis Announces 2026 Principal Promotions Nicole M. Bononi-Wilson, Alyson Clark-Garvey, Tyler Donnellan and Linda Lo Named Principals of the Firm

February 19, 2026 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, and Asia, congratulates Nicole M. Bononi-Wilson, Alyson Clark-Garvey, Tyler Donnellan and Linda Lo on their promotions to Principal, effective January 01, 2026.

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