Top 10 Misunderstandings of the ERC by Startups

If you’ve read any of the provisions of the American Rescue Plan Act of 2021, you’ll see where a “recovery startup business” was made eligible to claim the Employee Retention Credit (ERC). Unfortunately, we’ve seen a fair amount of confusion over what constitutes a...

ERC Filing 2022: It’s Not as Late as You May Think

If your business was adversely affected by the pandemic in 2020 and/or 2021, you might be familiar with the Employee Retention Credit (ERC). This dollar-for-dollar tax credit, not to be confused with a tax deduction, was part of the Coronavirus Aid, Relief, and...

Employee Retention Credit 2020 & 2021 Comparison

If you scour the tax code, you’ll find plenty of tax deductions for businesses, but a limited number of tax credits. Unfortunately, not being aware of the tax credits available can mean leaving money on the table you could have claimed. One such credit is the Employee...

What is the ERC Expiration Date? A Guide for Employers

If you’re familiar with the Employee Retention Credit (ERC), you may wonder exactly what the expiration date is. However, if you’re unfamiliar with the ERC, here’s a quick overview. The Employee Retention Credit is a tax credit qualifying employers can receive if they...

Should You Apply for PPP or Employee Retention Credit?

One of the most often asked questions by business owners is whether they should apply for both the Employee Retention Credit and PPP. The answer is “Yes,” but there are some caveats you need to be aware of. To help make the answer to this question clearer, let’s...

2020 and 2021 ERC Program Differences

If you’re familiar with the Employee Retention Credit (ERC), which was signed in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), you’ve probably noticed some significant changes in the program since its inception. Three...

How to Claim the Employee Retention Credit

If you’re spending the time reading this, you’re probably an employer who has heard about the Employee Retention Credit (ERC), and you’ve probably done some checking on the Internet to see if you qualify and how to claim the credit. This article won’t concentrate on...

2020 and 2021 ERC Program Differences

If you’re familiar with the Employee Retention Credit (ERC), which was signed in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), you’ve probably noticed some significant changes in the program since its inception. Three...