Category: ERC

When the Employee Retention Tax Credit (ERTC), also called the Employee Retention Credit (ERC), was first introduced to help businesses stay afloat during the COVID-19 crisis, no one could have predicted its impact. While it had a slow start in…

If your business has branches in more than one country, are you eligible for the Employee Retention Tax Credit (ERTC)? The answer depends. Only subsidiaries in the U.S. are potentially eligible, and you must ensure that they meet specific criteria…

As businesses across the U.S. continue to claim the Employee Retention Tax Credit (ERC, or ERTC) on their amended 2020 and 2021 payroll tax returns, many employers are running into issues filling out the application correctly.  You must ensure that…

If your business experienced significant financial loss during the pandemic, you may qualify for the Employee Retention Tax Credit (ERTC), potentially recovering thousands of dollars for your company.  As of 2023, the deadline to file ERC claims for all calendar…

The Employee Retention Credit (ERC) could help your business recover from pandemic-related financial losses, but you shouldn't approach this credit casually. Like any tax credit, you must file correctly to avoid IRS penalties. And unfortunately, the ERC has been the…

The COVID-19 pandemic has clearly been a major challenge for many in the past few years. People lost loved ones and jobs, and some of those who ran their own businesses, unfortunately, had to close due to the financial uncertainty…

Are you having trouble claiming your Employee Retention Tax Credit (ERTC) correctly? This credit could give you up to $26,000 per employee as a reward for keeping workers on the payroll while navigating pandemic-related challenges. But like any tax credit,…

Millions of business owners suffered heavy losses throughout the pandemic, and many had to lay off employees or close their doors for good. If your business experienced hardship because of a government order requiring temporary closure or limiting commerce travel…

Although the Employee Retention Tax Credit is available to many different types of businesses, some employers may be turned off by the idea of the paperwork involved in claiming the ERTC to pursue it. The truth is, if you’ve got…

Introduced as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), the ERC is a valuable tax credit that’s kept thousands of businesses afloat nationwide. If your business qualifies, you could claim up to $5,000 per employee for…