Nick

Do You Have To Repay The Employee Retention Credit?

by
Do You Have To Repay The Employee Retention Credit

Are you wondering if you have to repay the Employee Retention Credit? Well, here’s some good news for eligible employers impacted by the COVID-19 pandemic. The Employee Retention Credit is a tax credit that provides financial support without the burden of repayment. This credit, which can be claimed against certain employment taxes, is fully refundable … Read more

How Is The Employee Retention Tax Credit Calculated

by
How is the employee retention tax credit calculated

Want to know how the employee retention tax credit (ERC) is calculated? Understanding the calculation process is crucial for businesses looking to maximize this tax credit designed to retain and keep employees during the COVID-19 pandemic. To accurately calculate ERC, you’ll need to follow a specific set of steps that involve identifying qualifying wages, determining … Read more