Adesso sponsored our March meeting, and Jane Hartle from Adesso came to discuss the Employee Retention Tax Credit (ERC).
Here are a few resources and highlights from the presentation:
- There is a federal employee retention credit that businesses open during the pandemic can take advantage of
- You can claim this payroll tax refund on wages from 2020-2021, even if you already received a PPP loan
- You can claim up to $5,000 dollars from 2020 and $21,000 from 2021 and can spend it in any way you please
- See if you qualify for an ERC and connect with a tax expert to help you take advantage of this opportunity
Andy Kaplowitz of MacDonald-Miller explained the regulations in the Washington State Clean Building Performance Standards that may affect businesses.
Here are a few resources and highlights from the presentation:
- Within the next 5 years, buildings over 20,000 square feet must comply with energy emission standards outlined in the law
- While restaurants may not face the same regulations as the buildings, the costs of these changes are likely to affect tenants of the buildings
- Members are able to enroll in the Washington Hospitality Clean Buildings Concierge Program to learn how to comply with the rules before the deadlines
Many thanks to Tutta Bella Pizzeria for hosting the Seattle Restaurant Alliance March meeting.
Next SRA Meeting:
The next meeting will be at 10 a.m. on April 5 at Ivar’s Salmon House in Wallingford, 401 NE Northlake Way, Seattle, WA 98105.