Category: ERC

The Employee Retention Tax Credit (ERTC) allows business owners to claim up to $26,000 in tax refunds per qualified employee. The ERTC was introduced as part of the 2020 CARES Act (Coronavirus Aid, Relief, and Economic Security). It was designed…

The Employee Retention Tax Credit, or ERTC for short, provides funds in the form of a tax credit for qualified wages that employers paid their workers in 2020 and 2021. Given that businesses can receive up to $26,000 per employee,…

The Employee Retention Tax Credit is a unique program first implemented back in 2020 as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). It is different from other government incentives, and if you don’t understand the…

Recent reports of the IRS cracking down on fraudulent Employee Retention Credit claims and issuing a number of ERC-related audits may make some business owners who’ve been considering claiming the credit a little nervous. Getting assistance from a tax attorney…

The Employee Retention Tax Credit (ERTC) is a refundable payroll tax credit employers can claim for qualified wages paid between March 13, 2020, and September 30, 2021, although different rules apply for recovery startup businesses. But what about the ERTC…

The early months of the COVID-19 pandemic were rough on everyone. But small business owners had it especially hard due to government restrictions and shutdowns that limited business operations and the ability to serve customers. As the world is slowly…

The Employee Retention Tax Credit (ERTC) is a refundable tax credit introduced in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, originally passed on March 27, 2020. An eligible employer can claim a refund of the payroll tax paid…

There is certain documentation that all businesses need to include when applying for the Employee Retention Tax Credit, also known as the ERTC/ERC. A team of tax professionals, like the team at Dayes Law Firm, can assist you in compiling…

The Employee Retention Tax Credit (ERTC) is a refundable tax credit for employers who continued to pay employee wages through the peak of the pandemic in 2020 and 2021, as well as for recovery startup businesses that opened after February…

If you qualify for the ERTC, you probably want to secure your credits as soon as possible. The ERTC process can be slow, as you’ll need to add up all the qualified wages for your employees for both the 2020…