Additional Employee Retention Credit Eligibility & Other Tax Planning Opportunities – What Your Cidery and Accountant May Not Have Considered

Hey ACA members! Get your calculators ready and join us for an informative webinar on November 14 at 2:00 PM Pacific!

Many businesses took advantage of COVID-19 relief programs such as PPP and EIDL, but many more are still missing out on funds from the Employee Retention Credit (ERC) and have not filed for all quarters in which they are eligible (up to 7 quarters). Eligible employers who paid qualified wages can claim up to $26,000 per employee in refundable tax credits. Another missed opportunity occurs when companies do not effectively utilize tax planning strategies. These strategies include the work opportunity tax credit, research and development credit, planning for long-term sustainability, bonus depreciation, and business expenses. Join Strategic Tax Planning, a licensed CPA firm for a discussion on the common tax planning techniques that could increase your business’s after tax cash flow.

Tina Azarvand

Tina joined Strategic Tax Planning and is a Tax Manager with the firm. While working as a Tax Attorney, Tina became interested in the Employee Retention Credit through the ever-evolving legislation, where she decided to shift her focus to assisting small businesses with ERC while it is available. 

As a Tax Attorney, Tina focused on assisting individuals and businesses facing tax controversies with the IRS and local taxing authorities. In 2022, Tina was selected to the SuperLawyers: Rising Stars list and the Best Lawyers: Ones to Watch list, both of which are distinctions given to less than 3% of the attorneys in each respective state. Tina was also selected as the Maryland Volunteer Lawyers Service (MVLS) Young Volunteer of the Year for 2022.