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 […]
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 […]
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 […]
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!
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 […]
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.
Why Form 8821 Matters Now More Than Ever
This year’s tax season is well underway and the IRS is in full swing of processing returns. In fact, this year, they’re working through 8.1 million unprocessed returns, and […]
