If you’re a business owner struggling to keep your company afloat during the COVID-19 pandemic, you’re not alone. To help ease the financial burden, the government has implemented several programs, including the Employee Retention Credit (ERC) and the Paycheck Protection Program (PPP). While both programs offer financial relief, they have different eligibility criteria, requirements, and … Read more
If you are an independent contractor who receives a 1099 from a company, you may be wondering if you are eligible for the Employee Retention Credit (ERC). This tax credit has been a significant source of relief for many businesses during the pandemic, providing financial support to employers who keep their employees on payroll. However, … Read more
Are you a business owner struggling to navigate the challenges posed by the COVID-19 pandemic? If so, you may be eligible for the Employee Retention Credit (ERC), a refundable tax credit that can provide much-needed financial support. However, understanding the ERC deadline and limitations is crucial for businesses seeking to claim it. The ERC is … Read more
In today’s ever-changing business landscape, employers face numerous challenges in retaining their valuable workforce. However, there is a potential solution that can alleviate some of these concerns – the Employee Retention Tax Credit (ERTC). This tax credit serves as a lifeline for businesses striving to maintain their employees amidst economic uncertainties. But what exactly is … Read more
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