General Inquiries

CARES Act retention credit

  • 1.  CARES Act retention credit

    Posted 10 days ago

    We have received our retention credit for the second quarter and I am curious as to how others are handling the credit for field employees while utilizing a burden. My initial thought was to include the credit for field employees as part of our burden, which we true up at year end. Our parent company believes 100% of the credit should be recorded as a reduction of expense now and they do not want to run it through the burden. 

    thanks



    ------------------------------
    Laura McKinney
    Controller
    CDI Contractors, LLC
    Little Rock AR
    (501) 666-4300
    ------------------------------