Businesses significantly impacted by COVID 19 have the opportunity for payroll tax credits (and potential refunds) of up to $33,000 per employee for the combined years of 2020 and 2021. This new opportunity comes as several pieces of federal legislation put into place over the last 12 months amended and strengthened the original program.  Congress created the Employee Retention Tax Credit (ERC) as part of the CARES Act, one of the earliest COVID relief bills signed into law on March 27, 2020.  Another part of the same legislation is the Paycheck Protection Program (PPP).  When the CARES Act was signed…