erc-review

What Is A Significant Decline In Gross Receipts For Employee Retention Credit

The COVID-19 pandemic has wreaked havoc on businesses of all sizes, forcing many to lay off employees or close their doors altogether.But there is a lifeline available to help businesses stay afloat: the Employee Retention Credit (ERC). It is a refundable credit that can be claimed by employers on certain wages paid to employees in …

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