The COVID-19 epidemic has caused havoc in businesses of all sizes. Many have been forced to close or lay off their employees.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 …
COVID-19 has caused massive damage to businesses of every size, with many being forced to cut staff or shut down their doors.But there is a lifeline available to help businesses stay afloat: the Employee Retention Credit (ERC). The ERC can be claimed by businesses on the wages they paid employees who qualified during pandemic.It was …
The COVID-19 epidemic has caused havoc in businesses of all sizes. Many have been forced to close or lay off their 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 …