Category: ERC

People may forget that it wasn’t just essential businesses that got people through the pandemic. It was art, too. People turned to music, art, and media to cope with quarantine. And yet, artists, musicians, and other creative professionals are often…

Accurately calculating your qualified wages under the Employee Retention Tax Credit (ERTC) is necessary to maximize this credit. Many business owners ask: Can I claim the ERTC for wages paid to former employees who were rehired?  The short answer is…

The Employee Retention Credit (ERC), also called the Employee Retention Tax Credit (ERTC), is a tax credit businesses can claim for qualifying quarters of 2020 and 2021 if affected by COVID-19 shutdowns or a significant decrease in gross receipts. What…

Businesses claiming the Employee Retention Tax Credit (ERTC), also known as the Employee Retention Credit (ERC), should adhere to the appropriate IRS guidelines. The ERTC and IRS guidelines are descriptive in determining whether a company qualifies for the ERC tax…

Small business owners who haven’t yet applied for the Employee Retention Tax Credit, known as the ERTC or the ERC, may have refrained from doing so because they aren’t perfectly clear about what the program is or how it works. …

The Employee Retention Tax Credit (ERTC), also known as the Employee Retention Credit (ERC), is a credit businesses can claim on qualified wages paid during the pandemic in 2020 and the first three quarters of 2021. The ERTC for business…

One of the eligibility requirements to claim the Employee Retention Credit (ERC), otherwise known as the Employee Retention Tax Credit (ERTC), is a decline in gross receipts compared to the same quarter in 2019. But what if your company saw…

The Employee Retention Tax Credit (ERTC) is a tax credit that many small and medium-sized businesses (SMBs) can claim if they stayed open and were affected by government regulations during the height of the pandemic. But what about the ERTC…

The Employee Retention Tax Credit (ERTC) or Employee Retention Credit (ERC) is a tax credit many employers can claim if they operated during the height of the pandemic. Many employers have questions about claiming the credit, filing an amended return,…