Category: ERC

Many businesses struggled during the height of COVID-19. While COVID limited commerce travel and group meetings, some businesses laid off employees and others chose to divest. Moving forward with a divestiture may be a good call for your business, but…

Business owners around the United States felt collective relief when the government introduced the Employee Retention Credit (ERC) in 2020. The COVID-19 pandemic meant businesses were seeing significant drops in revenue, and the ERTC kept many organizations afloat. However, some…

The COVID-19 pandemic hit auto manufacturers and car dealerships particularly hard. Even if such businesses escaped shutting down from a government order, they likely had to contend with supply chain disruptions that threatened to grind their operations to a halt.…

When the COVID-19 pandemic was at its height, the government introduced the Employee Retention Tax Credit to help struggling businesses. However, the pandemic is far from the only disaster businesses have to cope with.  Fortunately, the government recognized this. Now,…

Schools, including both public and private schools, were among the hardest-hit businesses during the COVID-19 pandemic. Many had to close their doors and transition to a virtual-only learning model, which came with plenty of challenges for students and teachers alike.…

Sabbaticals can give employees a much-needed break to recharge and de-stress, allowing them to return to work ready to tackle the challenges of their jobs. Many employees chose to take sabbaticals during the COVID-19 pandemic to spend time with loved…

If you own a small e-commerce business, you know all too well how the COVID-19 pandemic has affected your bottom line. Many of your customers may have lost their jobs during the pandemic, meaning they had less money to spend…

The COVID-19 pandemic took a hefty toll on individuals and businesses alike. Over 1,150,000 people lost their lives due to COVID-19 in the U.S. alone, and thousands of business owners were forced to shutter their doors permanently. If your employees volunteered for…

Did your business suffer a shutdown or have a serious drop in gross receipts during the COVID-19 pandemic? If so, you might qualify for the Employee Retention Tax Credit, or the ERTC. Many business owners claim the credit on their…

The Employee Retention Tax Credit (ERTC/ERC) isn’t just beneficial to business owners. The tax credit can also be used to enhance employee productivity, in addition to fueling innovation at your business. Business owners who claim the ERTC have the potential…