Serving Clovis, Portales and the Surrounding Communities
Serving Clovis, Portales and the Surrounding Communities
Free seminar to be hosted
CLOVIS — The Clovis/Curry County Chamber of Commerce and Clovis Industrial Development Corporation will host a free seminar to advise local businesses on taking advantage of the Employee Retention Tax Credit and other business recovery grant programs.
The 9 a.m. Dec. 7 seminar at the chamber board room at 105 E. Grand will feature Michelle Kirkland and Marius Stein of the Carr, Riggs & Ingram accounting firm discussing the ERTC and who qualifies, along with helping eligible employers receive the tax credit.
Introduced as part of the CARES Act for businesses to retain employees during the pandemic, the ERTC is a refundable tax credit that can be claimed when eligible employers report their total qualified wages for each calendar quarter on their federal employment tax returns. Due to new legislation, employers can retroactively obtain both a PPP loan and claim the ERTC.
The seminar is available in person or via Zoom. To register, contact the chamber at 575-763-3435 or [email protected] and specify which format you’d prefer to attend.
Applications being accepted
The U.S. Department of Agriculture is accepting applications for loan guarantees and grants to help with renewable energy systems, energy efficiency improvements, energy audits and development assistance.
Application deadlines are Jan. 31 for technical assistance grants and March 31 for general grants, and there is no deadline for loan guarantee applications.
All applications will be subject to scoring provisions, which include 10 priority points if they:
• Assist rural communities to recover economically from the impacts of the COVID-19 pandemic, particularly disadvantaged communities.
• Ensure all rural residents have equitable access to Rural Development programs and benefits from Rural Development funded projects.
• Support economic investments in distressed communities.
Information: rd.usda.gov/priority-points
Business Digest is compiled by the staff of The News. Contact Editor Kevin Wilson at 575-763-3431, ext. 320, or by email:
