Category: ERC

Have you submitted your ERTC application only to find that the IRS has rejected your application and disallowed your claim? What do you do now?  If you believe the IRS’s decision was in error, you can appeal it. However, you…

In September, an immediate moratorium on processing new Employee Retention Tax Credit (ERTC/ERC) claims was announced by the IRS. The announcement came as a result of concerns about “a flood of ineligible ERC claims,” the federal agency noted. If you…

Is your small business taking advantage of all the tax credits you’re eligible for? If not, you’re probably paying more taxes than necessary.  Tax credits are dollar-for-dollar amounts you can claim on your tax return to reduce the amount of…

As a business owner, you undoubtedly remember the financial obstacles that were triggered by the COVID-19 pandemic in 2020 and 2021. The government stepped in and created the Employee Retention Tax Credit. Now that businesses are open again, you can…

The government introduced the Employee Retention Tax Credit as a COVID-19 relief measure in 2020. The credit rewards employers for keeping employees on their payroll during COVID-19, and businesses can file retroactively through April 2025. Don’t file for the ERTC…

Businesses can retroactively claim the Employee Retention Tax Credit (ERTC) through April 2025. This credit rewards businesses for keeping employees on their payroll during the economic crisis brought on by COVID-19. While this tax credit can be beneficial, you must…

One of the questions business owners who haven’t yet claimed the Employee Retention Tax Credit (ERTC/ERC) may have is what the funds they receive from the program can be used for. Are there limitations on it, like there are for…

The COVID-19 pandemic hit many industries hard, and financial institutions are no exception. The government introduced the ERTC (Employee Retention Tax Credit) to reduce the pandemic’s impact, and now, many businesses aim to claim it. Financial institutions like banks, however,…

By now, you have probably heard plenty of buzz about the Employee Retention Tax Credit (or ERTC for short). This federal tax credit allows small businesses to claim up to $26,000 per employee if they kept their staff on payroll…

The IRS recently announced a moratorium on accepting new Employee Retention Tax Credit (ERTC/ERC) applications through the end of the year due to concerns about fraud in the program after “growing evidence of questionable claims.” However, some business owners who…