Category: ERC

The IRS announced on September 14 that hundreds of criminal cases involving potentially fraudulent Employee Retention Credit claims are being worked on. Thousands of ERC claims have already been referred for audit. If you haven’t yet applied for the ERC…

Did you know that small businesses can still apply for the Employee Retention Tax Credit (ERTC) by filing amended payroll tax returns for eligible quarters in 2020 and 2021?  If you haven’t claimed this tax credit, you could be missing…

Over three years after the COVID-19 pandemic peaked in 2020, businesses' claims for  the Employee Retention Credit (ERC) to earn back revenue are in progress. The ERC government shutdown test is one of the two ways a business can qualify…

The COVID-19 pandemic was a tough time for business owners, many of whom were forced to furlough or lay off employees. If your business managed to keep employees on payroll during the pandemic, you could qualify for the Employee Retention…

Since businesses can claim the Employee Retention Tax Credit for 2020 and 2021 quarters, employers may believe that in 2023, if they haven’t already claimed the ERTC, they can no longer do so. But there are options for businesses if…

As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), the Employee Retention Tax Credit provides relief for small businesses impacted by the pandemic. Employers who are eligible can get an influx of cash in the form of…

There has been a lot of confusion about the ERTC since it was passed as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES). Part of this confusion is a result of the complex rules, and another potential…

If you’re a business owner who is vaguely aware of the Employee Retention Tax Credit but hasn’t yet applied for it, you might be confused about how it’s possible to still apply for the ERTC. The credit is for wages…

As a business owner, you may have heard that the IRS has ordered an immediate stop to new Employee Retention Tax Credit (ERTC/ERC) processing due to concerns about potentially fraudulent claims. If you are considering claiming the ERTC but are…

For business owners who haven’t managed to get around to doing it yet, claiming the Employee Retention Tax Credit – also referred to as the ERC or ERTC – may seem like a daunting task. Anything involving additional tax work…