Category: ERC

It's no secret that a financial boost can help your company meet its strategic goals. Thanks to the Employee Retention Tax Credit (ERTC), you can apply for a refundable tax credit of up to $26,000 for each employee if you are…

If you launched a business after February 15, 2020, you know the impact that COVID-19 has had on companies. You may have seen the pandemic as a limitation (if you had to temporarily close your restaurant due to a government…

Business owners can use the money they receive from the Employee Retention Tax Credit, also known as the ERTC or ERC, in all sorts of different ways to boost their business. Some may decide to use ERTC funds to expand…

You may have heard that the IRS recently paused accepting new Employee Retention Tax Credit (ERTC/ERC) applications due to concerns about fraudulent claims being turned in to the federal agency. In mid-September, the IRS announced, “an immediate moratorium through at…

The Employee Retention Tax Credit (ERTC) allows eligible businesses that suffered during the pandemic to apply for a tax refund. Like any other transaction involving sensitive data, the ERTC claims process may pose a threat to your company's information security…

If your business suffered due to government-mandated shutdowns during the COVID-19 pandemic, you may qualify for the Employee Retention Tax Credit (ERTC) program. Many companies haven't considered the ERTC (also called ERC, or Employee Retention Credit) or think it is…

Even though the Employee Retention Tax Credit (ERTC) is not specifically designed to encourage employees to undertake entrepreneurial endeavors, employers could potentially leverage ERTC benefits to support employees with these aspirations.  This article explores how businesses can utilize ERTC to…

When the world shut down in response to COVID-19, restaurants that prided themselves on their ambiance and dining experiences suddenly couldn’t allow people to dine indoors. Many had to close doors entirely, and this meant a significant drop in revenue. …

Although it’s been around since 2020, some business owners still haven’t claimed the Employee Retention Tax Credit (ERTC/ERC) even though they may be eligible to do so. Some of the best benefits of the tax credit may not have been…

In mid-September, the IRS announced a moratorium through at least the end of the year on processing new claims for the Employee Retention Tax Credit, also referred to as the ERTC/ERC. The agency made the extreme move because of “growing…