COVID-19’s pandemic caused unimaginable hardships to many organizations and businesses around the globe. Lockdowns, social distance, health and security measures and lockdowns have caused many employers to face reduced revenue, increased expenses and disruptions in their operations. Employee Retention Credit is a refundable income tax credit available to eligible employers that helps them retain their …
COVID-19’s pandemic caused unimaginable hardships to many organizations and businesses around the globe. Lockdowns, social distance, health and security measures and lockdowns have caused many employers to face reduced revenue, increased expenses and disruptions in their operations. The Employee Retention Tax Credit (ERC) is a refundable credit that employers can use to offset payroll costs. …
The COVID-19 pandemic has caused unprecedented challenges and hardships for many businesses and organizations around the world. Many employers faced decreased revenues, increased costs, and disruptions of operations as a result of lockdowns. The Employee Retention Tax Credit (ERC) is a refundable credit that employers can use to offset payroll costs. The ERC has been …