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ERC + ImagiNE: Business Tax Incentives Explained

Written by Lutz | May 11, 2022 5:00:00 AM

The ERC, developed in response to COVID-19, provides a refundable payroll tax credit on certain employee wages. It aims to help businesses retain top talent amid revenue loss or government shutdowns.

The ImagiNE Nebraska Act is a tax incentive program that encourages high-wage jobs and promotes investment in the state of Nebraska. It can help your business receive sizeable employee payment credits, investment credits, property tax exemptions, and sales tax refunds.

Lutz experts help you understand the qualifications required to receive credits, how to apply, and steps to claim your funds.

 

Key Takeaways:

  • Updates on Employee Retention Credit
  • Overview of ImagiNE Nebraska Tax Act
  • Explanation of Requirements
  • How to Apply