Employee retention tax credit (ERTC) is an important part of the 2021 American Rescue Plan Act. This new benefit can help businesses recover from the economic downturn caused by COVID-19 and reduce their overall financial burden. In this article, we’ll take a closer look at what ERTC 2022 has to offer, including how employers can …
Are you an employer looking to reduce the amount of taxes owed on your company’s payroll? If so, claiming employee retention tax credit could be a great option. This incentive provides businesses with a refundable tax credit for retaining employees and paying their wages during the COVID-19 crisis. It gives employers up to $5,000 per …
Calculating employee retention tax credit (ERTC) can be a complicated and time-consuming process. But if you understand the rules and regulations, you can maximize your savings while staying compliant with the law. In this article, we’ll walk through how to calculate ERTC so that business owners like yourself are able to take advantage of all …
