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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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SPONSORED VIDEO

Thinking of Liquidating? Think: Wilkerson

When Peter Reines, owner of Reines Jewelers in Charlottesville, VA, decided it was time to turn over the “reins” of his 45-year-old business to Jessica and Kevin Rogers, he chose Wilkerson to run his liquidation sale. It was, he says, the best way to maximize the return on his decades-long investment in fine jewelry. Now, with new owners at the helm, Reines can relax knowing that the sale was a success, and his new life is financially secure. And he’s glad he partnered with Wilkerson for this once-in-a-lifetime opportunity. “There’s just no way one person or company could run a sale the way we did,” he says.

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