COVID-19, a pandemic that has affected businesses of all types and sizes, has forced many to either lay off staff or close their business.Employee Retention (ERC) Credit is available to businesses that need it. It is a refundable credit that can be claimed by employers on certain wages paid to employees in the event of …
The COVID-19 epidemic has caused havoc in businesses of all sizes. Many have been forced to close or lay off their employees.The Employee Retention Credit can be a lifeline for businesses struggling to stay afloat. It is a refundable credit that can be claimed by employers on certain wages paid to employees in the event …
The COVID-19 virus has wreaked havoc across all businesses, forcing some to shut their doors or layoff employees.But there is a lifeline available to help businesses stay afloat: the Employee Retention Credit (ERC). The ERC allows businesses to claim a tax credit on wages paid during a pandemic.It’s designed to help employers keep their employees, …