Restaurants could use a break right now, so don’t miss this one: The Employee Retention Credit is a refundable tax credit for employers who experienced difficulties in 2020 and 2021 as a result of Covid-related lockdowns and related economic disruptions. As Modern Restaurant Management reports, not many restaurant owners are taking advantage of the credit, even though they may be eligible for up to $26,000 per employee. Even if you received funds through the Paycheck Protection Program, you can still qualify for the Employee Retention Credit. Ask your accountant about claiming the credit now before it phases out in April of 2023.