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 […]
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.
Nonprofit Owner’s Guide to the Employee Retention Credit
During the height of the COVID-19 pandemic, hundreds of thousands of for-profit and not-for-profit businesses were scrambling with finding innovative ways to stay open or having to shut their doors […]
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.”
Best Business Bookkeeping Practices for Keeping Tax Documents
Whether you’re just starting to launch a small business or have been at it for years, bookkeeping is an essential component. But for many, numbers and finances are daunting, and […]
Work Opportunity Tax Credit: The Basics for Employers
The Work Opportunity Tax Credit allows you (an employer) to create good, stable jobs for eligible workers which leads to valuable job experience for employees. It’s a win-win situation.