The FFCRA and ERTC have changed considerably with the signing of the American Rescue Plan Act.
In March of 2020, the Employee Retention Credit was created as part of the CARES Act. When written into law, this credit was not available to employers who received PPP funds. Congress recently passed the Consolidated Appropriations Act, 2021 (CAA). Now, companies that receive PPP loans may qualify for the ERC (for wages that are not paid with forgiven PPP proceeds).
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