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
Events
May 10, 2022
Prager Metis
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Swing for a Cure

The Prager Metis’s Charitable Foundation is pleased to sponsor Swing for a Cure, our 2nd Annual Golf Classic, along with a Silent Auction, in support of the Alzheimer’s Association.

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Financial Services, LEADERS OF INFLUENCE: MINORITY CPAS 2022, Hedge Funds accounting , Funds-of-Funds, prager metis financial services, prager metis bank
Advisory
May 09, 2022
Kayo M. Elkner
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LEADERS OF INFLUENCE: MINORITY CPAS 2022

Prager Metis extends a warm congratulations to Kayo M. Elkner, Director, for being recognized in the Los Angeles Business Journal’s Leaders of Influence: Minority CPAs 2022. The special recognition profiles a cross-section of outstanding professionals for their accomplishments and dedication to their clients, company, community, and the accounting

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