USA taxpayers know how confusing and stressful getting your taxes in order can sometimes be, especially when you come across new forms that are unfamiliar to you. One of the forms that generates a lot of doubts is the IRS From 8962, also known as…

The IRS Employee Retention Tax Credit (ERC) is a valuable incentive for businesses affected by the COVID-19 pandemic. Implemented as part of the CARES Act in 2020, the ERC is a refundable tax credit that helps companies retain their employees and stay afloat during these…

The Employee Retention Credit (ERC) has been a lifeline for businesses during and post-COVID, But what about employees? Do they receive any benefits from this tax credit? In this article, we’ll explore the Employee Retention Credit and determine whether employees are eligible for its benefits.…

If you’re an employer in Indiana, you may still be experiencing financial difficulties caused by the COVID-19 pandemic. However, a program called the Employee Retention Credit (ERC) can provide some relief to your company through a valuable tax credit. This credit was created as a…

As a Maryland employer, you may still be dealing with the aftermath of the COVID-19 pandemic. Thankfully, a program known as the Employee Retention Credit (ERC) can offer aid through a valuable tax credit. The ERC was created as a part of the CARES Act…

The Employee Retention Credit (ERC) has provided invaluable financial support to many businesses post-COVID-19, encouraging them to retain employees and continue operations. If your business is organized as an S corporation, you must report the ERC correctly on your Form 1120S. In this blog post,…