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Plumb Club to Host Webinar on Resources to Help Retail Jewelers Recover From Pandemic

It will focus on the Employee Retention Credits and their interplay with the Payroll Protection Program forgiveness calculation.

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Plumb Club to Host Webinar on Resources to Help Retail Jewelers Recover From Pandemic

Jay Brower and Howard Hoff

(PRESS RELEASE) NEW YORK — The jewelry industry continues to have resources available to help retail businesses recover and thrive from the impact of the pandemic. On Thursday, Sept. 23, at 1 p.m. eastern. The Plumb Club will host a live webinar moderated by executive director, Lawrence Hess and featuring expert panelists Howard Hoff, Partner-in-Charge, Commercial Business Group and Jay Brower, Partner, State and Local Tax Leader at the premier accounting firm Marks Paneth.

The webinar will focus on the Employee Retention Credits (ERC) and that program’s interplay with the Payroll Protection Program (PPP) forgiveness calculation available to the jewelry industry. Further, the panelists will provide jewelry retailers with an overview of the CARES Act and the Consolidated Appropriations Act as it is pertinent to the ERC and PPP loan forgiveness. Retailers will also get insight and knowledge on:

  • Qualifying for and claiming ERC for your business for 2020 and 2021
  • Optimization analysis of the interplay of the PPP loan forgiveness applications and the ERC being requested
  • Taxation of the ERC received

“Many retailers may feel that the resources available to help with issues related to the pandemic have been exhausted at this point,” said Lawrence Hess, executive director of The Plumb Club. “There are still a number of opportunities that retailers can avail themselves of. This timely webinar will help them understand and optimize the help that’s still available.”

All jewelry retailers are invited to register for this important and timely webinar here.

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Trish Parks has always wanted to be in the jewelry business and that passion has fueled her success. The original Corinth Jewelers opened in the Mississippi town of the same name in 2007. This year, Parks moved her business from its original strip mall location to a 10,000-square foot standalone store. To make room for fresh, new merchandise, she asked Wilkerson to organize a moving sale. “What I remember most about the sale is the outpouring excitement and appreciation from our customers,” says Parks. Would she recommend Wilkerson to other jewelers? “I would recommend Wilkerson because they came in, did what they were supposed to and made us all comfortable. And we met our goals.”

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