Newsby adminHouse Passes The Health And Economic Recovery Omnibus Emergency Solution (HEROES) Act, H.R. 6800 On May 15, 2020
The HEROES Act would make significant changes to the Employee Retention Tax Credit including: Increasing qualified wages to $15,000 per quarter for up to three quarters (maximum credible wages would be $45,000) up from the current $10,000; Increasing the percent of the credit to 80% from the current 50% (this would make the maximum credit...