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. The ERC is a refundable tax credit that businesses can claim on qualified wages paid to employees during the pandemic.The …
COVID-19 has caused massive damage to businesses of every size, with many being forced to cut staff or shut down their doors.There is one lifeline that can help businesses remain afloat – the Employee Retention credit (ERC). The ERC can be claimed by businesses on the wages they paid employees who qualified during pandemic.The ERC …
COVID-19 has caused massive damage to businesses of every size, with many being forced to cut staff or shut down their doors.There is one lifeline that can help businesses remain afloat – the Employee Retention credit (ERC). It is a refundable credit that can be claimed by employers on certain wages paid to employees in …