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The Employee Retention Credit (ERC) has been a lifeline for many businesses struggling to survive during the COVID-19 pandemic. While most companies know the credit, many do not realize it is available to manufacturing industries, including food and beverage production. The ERC can provide significant savings to eligible businesses and can help to boost their […]

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The Employee Retention Credit (ERC) is a refundable tax credit implemented as part of the CARES Act in March 2020 to help businesses keep their employees on payroll during the COVID-19 pandemic. While initially geared towards businesses directly impacted by government-mandated shutdowns, it has since been expanded to include other industries, including education. The pandemic […]

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The Employee Retention Credit (ERC) is a valuable tax credit designed to provide financial relief to businesses that faced significant disruptions due to the COVID-19 pandemic. However, while claiming the ERC can be a great way to save money, it can also come with potential risks if not done correctly. This blog will explore the […]

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The Employee Retention Credit (ERC) was created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help employers impacted by the COVID-19 pandemic. The credit was designed to provide financial relief to businesses that were forced to close or had a significant decline in revenue due to the pandemic. Unfortunately, many […]

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The COVID-19 pandemic has significantly impacted the travel industry, with airlines, cruise lines, and travel agencies among the hardest hit. To help provide financial relief, the Employee Retention Credit (ERC) was created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. In this blog, we will explore how the ERC can benefit […]

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The Employee Retention Credit (ERC) has been an essential lifeline for businesses affected by the COVID-19 pandemic. The ERC provides a refundable tax credit for companies that keep employees on their payroll and meet specific eligibility criteria. The credit is designed to help businesses retain their employees, even during economic uncertainty. But beyond its impact […]

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The COVID-19 pandemic has caused unprecedented disruption to small businesses across the country. Many have been forced to close their doors, while others have struggled to keep up with rent, payroll, and other expenses. To help these businesses stay afloat, the government has implemented several relief programs, including the Employee Retention Credit (ERC). What is […]

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The Employee Retention Credit (ERC) has been a lifeline for many businesses during the pandemic, providing a valuable tax credit to help offset the costs of retaining employees. But did you know that the ERC can also be combined with other COVID-19 relief programs to provide even more support for your business? This blog post […]

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The Employee Retention Credit (ERC) is a tax credit that can provide substantial financial relief for businesses impacted by the COVID-19 pandemic. However, many companies have struggled to claim the credit due to its complex requirements and constantly changing regulations. Here are some common errors to avoid when claiming the ERC to ensure your business […]

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The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021 and has notable implications for the Employee Retention Credit (ERC). Here are the fundamental changes and updates to the ERC as a result of the ARPA: Expanded Eligibility Criteria Under the CARES Act, companies were eligible for the ERC if they […]

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