ERTC
The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped enable struggling businesses to retain employees. Even though the…
Read MoreThe IRS has introduced the Employee Retention Credit (ERC) Voluntary Disclosure Program through Announcement 2024-3. The purpose is to allow employers to resolve erroneous claims for the ERC, a refundable…
Read MoreThe Internal Revenue Service (IRS) is stepping up its efforts to combat questionable Employee Retention Credit (ERC) claims. As part of its ongoing efforts, the IRS has announced an initial…
Read MoreOn September 14, 2023, IRS Commissioner, Danny Werfel, ordered an immediate moratorium on processing new Employee Retention Credit (ERC) claims. The moratorium is expected to last until at least December…
Read MoreSpecial Projects Manager, Erin E. Kidd, MBA, EA, AFC®, has recently authored an insightful article titled “Be Prepared: Employee Retention Credit Audits Have Begun” in the May/June 2023 issue of…
Read MoreEmployers that meet the eligibility criteria have until April 15, 2024 to claim up to a $5,000 credit for each eligible employee for 2020, and until April 15, 2025 to…
Read MoreWith the introduction of the Employee Retention Credit (ERC), also known as Employee Retention Tax Credit (ERTC), the CARES Act created a lifeline for many businesses to weather the storm…
Read MoreGet the Credit You Deserve In response to the financial impact of the COVID-19 pandemic, the CARES Act established the employee retention credit (ERC) to encourage employers — including nonprofits…
Read MoreThe Employee Retention Tax Credit (ERTC), also known as the Employee Retention Credit (ERC), is a valuable tax credit that was enacted by the Coronavirus Aid, Relief, and Economic Security…
Read MoreThe Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021. Here’s a…
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