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 […]
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.
Why Compliance with the IRS Is So Important
Claiming the Employee Retention Credit (ERC), Research & Development (R&D) Credit, and the Work Opportunity Tax Credit (WOTC) involves far more than just crunching numbers. Small and mid-sized business owners […]
6 Tips for Claiming the Employee Retention Credit
Filing for the ERC can be daunting so follow these six tips to minimize your frustration and maximize your credit!
Tax Relief Act extends COVID tax credit for employers who kept workers on payroll
The COVID-19 pandemic created numerous challenges for businesses, leaving many employers tired and burned out. Luckily, the federal government has responded to the pleas of business owners and come up with a solution to provide businesses with much-needed aid.
R&D Credit 101: Defining Business Component
Are you a small business owner looking to take advantage of the Research & Development (or R&D) tax credit? If so, you’ve probably heard the term “business components.”
Research & Development Tax Credit: The Basics for Employers
You’re ready to lace up your track shoes to hit the ground running to take advantage of the R&D credit, but then this thought occurs. “How on earth do I get started?” We hear you.