Take Advantage of the Employee Retention Tax Credit (ERTC)

The Employee Retention Tax Credit (ERTC) was enacted by The CARES Act in March 2020. Under the original rules, the ERTC was not available to PPP Loan borrowers. As a result, it didn’t attract a lot of attention until recently. As part of the COVID Relief Bill signed into law on December 27, 2020, Congress made two big changes to the ERTC: 

  • First, the ineligibility to PPP Loan borrowers was retroactively eliminated. That means PPP Loan borrowers can now go back and amend their payroll tax filings for 2020 to claim refunds to the extent they qualified for the ERTC during 2020. As explained below, these refunds could be as much as $5,000 per employee.
  • Second, Congress extended the ERTC through June 30, 2021 and significantly increased the benefit to as much as $14,000 per employee. 
More Information

Bookkeeping Help Center

In collaboration with the Larimer Small Business Development Center, the Front Range Community College Bookkeeping Program is offering free bookkeeping and QuickBooks Online assistance to entrepreneurs and small business owners.  

If you have questions or would like to schedule an initial appointment, please email Erika Limbacher. 

Federal Stimulus Programs for Your Small Business

PIVOT Larimer County Applications Open

Larimer County and Colorado State University are partnering together to support the long-term stability of local businesses and organizations, due to the challenges faced by the COVID-19 outbreak. With changing customer habits and new health requirements, many businesses are needing to ‘pivot’ their business model to adapt to the changing times. In response, CSU’s College of Business will provide free resources to Larimer County business owners to learn how to ‘pivot’ their business and develop a long-term resiliency plan.    

Upcoming Pivot Jumpstart Cohort 4: 

  • March 26 - April 16, 2021 
  • Friday’s from 12:30pm – 5:00pm
Apply Now

Things to Know & Upcoming Events

    Upcoming Events: 

    • Business Q&A with Larimer’s Health Department - All businesses are invited to join us on Thursday, February 25, 2021, at 2:00 pm via Zoom. To help make this session as informative and helpful as possible, please submit your questions in advance

            Sign up for weekly updates from the City of Fort Collins Emergency Preparedness and Security COVID-19 newsletter at fcgov.com/eps/coronavirus

            Check out ForFortCollins.com for tools and resources created to help your business reopen safely and strongly while gaining support from loyal customers and community members.

            Economic Health Office
            222 Laporte Ave.
            Fort Collins, CO 80521