The Employee Retention Credit provides an Eligible Employer with a tax credit that is allowed against certain employment taxes. The credit is refundable which means that Eligible Employers may receive payment of the portion of the credit that exceeds certain employment taxes that are due.
The employee retention tax credit is a CARES Act relief measure available to businesses that paid employees during times of economic hardship due to COVID-19.
Businesses still have the opportunity to claim a refund retroactively for qualified wages they paid to their employees after March 12 2020. With our expertise in the field and our dedication to honesty and loyalty our professionals will help you determine your company’s qualified wages and assess your eligibility to benefit from the ERTC.
See links below for more information about the employee retention credit program Employee Retention Credit What Is The ERC and How to Get It The Employee Retention Credit is a government stimulus aid program established by the CARES Act. It is a refundable tax credit – a grant not a loan from the internal revenue […]