Category: ERC

The Employee Retention Tax Credit can provide much-needed funds to business owners facing financial troubles during the COVID-19 pandemic. Requirements to qualify are rather strict, though, and not every business qualifies. Even if you’re ineligible for the ERTC, you may…

If you’ve been accused of Employee Retention Tax Credit (ERTC/ERC) fraud by the IRS, don’t panic. There are steps you can take to deal with the situation, and a number of potential defenses a tax attorney may be able to…

If you’ve claimed the Employee Retention Tax Credit, or ERTC, you’ve made a smart choice. This refundable tax credit provides cash your business can use for nearly any expense, such as paying off debts, hiring new employees, or purchasing much-needed…

The Employee Retention Tax Credit, also called the Employee Retention Credit (ERC), gives eligible employers back a portion of wages paid to their employees. When the Internal Revenue Service introduced the ERTC in 2020, many businesses saw dollar signs and…

Although the Employee Retention Tax Credit, also known as the ERTC or ERC, is for wages from 2020 and 2021 tax quarters, the final deadlines to claim the credit aren’t until 2024 and 2025. However, there have been some changes…

If you've received notice that your Employee Retention Tax Credit (ERTC/ERC) claim is being audited, it’s safe to say you’re probably concerned. This is not a scenario any business owner wants to deal with, but some applications for the ERTC…

The Employee Retention Tax Credit, or ERTC, has helped thousands of struggling business owners keep their doors open during and after the COVID-19 pandemic. If you’ve taken advantage of this tax credit but believe you miscalculated your tax liability, it’s…

The Employee Retention Tax Credit, or ERTC for short, can be a lifesaver for business owners who’ve fallen on hard times. The ERTC is a refundable tax credit you can use to pay debts, cover bills, hire more workers, or…

Preparing your tax returns correctly is important for accurately claiming the Employee Retention Tax Credit (ERTC). While you’ve probably already filed your 2020 and 2021 tax returns, you can submit an amendment for each quarter you’d like to claim the…

Although many businesses are eligible to apply for the Employee Retention Tax Credit (ERTC/ERC), some are not, and third-party promoters continue to misrepresent who can qualify for the credits. Plus, some dishonest business owners may already know they aren’t actually…