Blog

When the federal government passed the CARES (Coronavirus Aid, Relief, and Economic Security) Act and the Employee Retention Tax Credit (ERTC), millions of businesses were given a financial lifeline that allowed them to stay afloat and keep employees on the…

The first major filing deadline for the Employee Retention Tax Credit, also known as the ERTC or ERC, is coming up fast. Missing out on filing before the first ERTC deadline could mean you and your business lose out on…

There’s no question that the COVID-19 pandemic made it tough for millions of businesses across the U.S. to keep their doors open while still paying salaries and other financial commitments.  To provide a lifeline for struggling businesses, the CARES Act…

Family-owned businesses are an American staple, employing 60% of the U.S. workforce and accounting for 64% of the nation’s Gross Domestic Product (GDP). Family businesses go beyond having a common mission statement, prioritizing resilience over one-dimensional financial performance. After all,…

As a business owner, you may be aware of the Employee Retention Tax Credit – also known as the ERTC or ERC – and know that it’s something you can claim on your own. But you may have also heard…

At first glance, the Employee Retention Tax Credit seems like “free money” provided by the federal government to compensate businesses for the struggles they faced during the COVID-19 pandemic.  While eligible businesses can claim up to $26,000 for each qualified…

To date, achievements with ERTC include a payout thus far of over $230 billion in tax credits, with no end in sight, at least until the 2024 and 2025 deadlines have passed. When the COVID-19 pandemic wreaked havoc on the…

As a business owner, you’ve probably heard of the Employee Retention Tax Credit (ERTC/ERC) by now. But you may have also heard that the IRS has increased scrutiny when it comes to looking over ERTC applications and might be worried…

If your business qualifies for the employee retention tax credit (ERTC), take the time to strategically plan how you will use the extra cash flow that comes with it. Your business may qualify for tax credits worth up to $5,000…