Category: ERC

Businesses in the energy industry have numerous opportunities for claiming government benefits, such as research and development (R&D) tax credits, but can they qualify for the Employee Retention Tax Credit? Qualifying for the ERTC is more challenging for energy sector…

The Employee Retention Credit (ERC) or Employee Retention Tax Credit (ERTC) can offer your business a refundable credit for wages paid to employees during economic hardships from the COVID-19 pandemic. The program comes with numerous eligibility requirements, exceptions, and restrictions…

The Employee Retention Tax Credit (ERTC) allows eligible employers to claim benefits on employee wages during the COVID-19 pandemic. Understanding how this program affects your business moving forward can help you make the right financial decisions. So, how does the…

The Employee Retention Tax Credit (ERTC/ERC) is a great program that many businesses can take advantage of, but it won’t be around forever. If you’re a business owner and haven’t yet applied for the ERTC, you might be holding off…

If you’re a business owner and some of the particulars of the Employee Retention Tax Credit (ERTC/ERC) are confusing to you, you’re not alone. Applying for the credit is not as simple as checking off a box and calling it…

When looking over information to provide with your business’s Employee Retention Tax Credit (ERTC/ERC) application, as an employer, you may be dealing with some sensitive details about your employees. Businesses can protect sensitive information while managing ERTC data by following…

One of the exciting things about the Employee Retention Tax Credit (ERTC/ERC) is that businesses can use the funds they receive from the credit for many things. For instance, innovations at your company that were funded thanks to the ERTC…

Certain businesses can still claim the Employee Retention Tax Credit, also known as the ERTC/ERC, before looming deadlines. And some business owners may choose to work with other companies in order to complete their applications. But what are some of…

There’s still time for businesses to claim the Employee Retention Tax Credit (ERTC/ERC), but many eligible businesses still haven’t done so. The question is – why? There are some specific reasons some business owners haven’t yet applied for the ERTC,…

The IRS recently announced that the agency has put in place a moratorium on the processing of new Employee Retention Tax Credit (ERTC/ERC) claims through the end of the year thanks to concerns about possibly fraudulent applications. The agency is…