Employee Retention Credit for Family Members: Detailed Guide
Some government benefit initiatives extend to members of a family. For example, some spouses or dependent children of service members or veterans qualify for benefits like healthcare, life insurance or […]
What is ERC? A Complete Guide to Employee Retention Credit
Introduction The Employee Retention Credit (ERC) is a refundable payroll tax credit filed against employment taxes. ERC was introduced with the Coronavirus Aid, Relief and Economic Security (CARES) Act in […]
[Explained] Nonrefundable Portion of Employee Retention Credit
Businesses that retained and paid employees during the COVID-19 pandemic may still qualify for tax refunds by claiming the Employee Retention Credit (ERC). It’s possible because there is still time […]
How to Check F941 Refund [Find out]
There are many things more enjoyable than paying taxes, especially if you’re a business owner. Failing to do so, however, can be costly and get you in a lot of […]
Qualified Wages For Employee Retention Credit [Complete Guide]
The COVID-19 pandemic was hard on business operations, especially for smaller companies. More than 4,000 small businesses closed during the first three months of the pandemic, and others had to […]
The ERC: A Refundable Payroll Tax Credit
It’s been almost three years since the COVID-19 outbreak hit the shores of the United States. In response to the pandemic and its effect on the country’s residents and […]
How To Track ERC Refund [Detailed Guide]
If you could procure $26 thousand per employee simply by getting some information together and filling out a tax form, would you do it? Most any employer would answer this […]
Time is Running Out: The 2023 Deadlines for Claiming the Employee Retention Credit
Time is Running Out: The 2023 Deadlines for Claiming the Employee Retention Credit As a small business owner, the Employee Retention Credit (ERC) can provide much-needed relief to businesses that […]
7 Common Mistakes to Avoid Before Claiming the Employee Retention Tax Credit
We get it – as a business owner, anything to do with taxes can be incredibly intimidating. Here are the top seven mistakes we’ve seen so you can avoid them and confidently take advantage of the credit available to your business.
ERC 101: Does the Employee Retention Credit need to be paid back?
Because the relief aid was introduced so quickly, many parts of the program have been amended leaving many business owners confused about how to qualify.