Category: ERC

Refundable tax credits, like the Employee Retention Credit (ERC), can provide much-needed relief for businesses that struggled during the pandemic. If you’ve applied for the credit but are still waiting on your money, you might wonder what’s taking the IRS…

The COVID-19 pandemic hit businesses hard, especially those shutting their doors for months in response to government orders. The IRS guidance introduced the ERTC, also known as the ERC or Employee Retention Credit, to give struggling businesses some relief. You’re…

The Employee Retention Tax Credit (ERTC/ERC) has been around for a couple of years, but some people may still not be aware of how ERC credits work, and how the program might give your business a leg up financially. If…

Family businesses are incredibly popular. Many companies rely on their family members to help with business operations. Sometimes, however, working with family members can become complicated — especially when it comes to applying for the ERC. What are the ERC…

The COVID-19 pandemic affected many businesses. The government implemented the Employee Retention Credit — otherwise known as the ERC or ERTC — to help combat this. You can claim a certain amount of credits for each employee in your company,…

Although some advertising you may have seen for the Employee Retention Tax Credit, also known as the ERTC or ERC, may make it seem like it’s easy to claim the credit and get your refund, the truth is there is…

The ERTC — also called ERC or Employee Retention Credit — is a refundable tax credit designed to help business owners mitigate the impacts of the COVID-19 pandemic. Eligible employers can calculate their qualified wages based on their employees to…

The ERC can help many businesses reduce strain on their payroll taxes. That said, how the tax credit works can be confusing, and some employers may wonder how much assistance they can expect to receive. An ERC calculation worksheet can…

If you are a business owner and have been advised that you can apply retroactively for the Employee Retention Tax Credit, you might want to get the process started sooner rather than later. You’ll need to apply before the ERTC…

As a business owner, you likely want to take advantage of the ERC. This may be straightforward enough if you only have one company; if you own multiple businesses, however, you may be uncertain how to proceed. What are the…