Can a Sole Proprietor Claim the Employee Retention Credit?

If you’re one of the 23 million sole proprietorships in the U.S., you’re part of the country's most popular form of business entity. Because sole proprietors wear so many hats, many haven’t heard of the Employee Retention Credit (ERC). Of those that have, the majority...

How to Check the Status of the Employee Retention Credit

Like many employers, the IRS has faced employee staffing challenges since the onset of the pandemic. Like private sector employees, many government employees have been reluctant to return to an office or have decided to pursue another line of work entirely. The Great...

Are Nonprofit Organizations Eligible for the Employee Retention Credit?

Unless you’re employed by a nonprofit organization, you may not know how financially devastating the COVID-19 pandemic was to them. Though they may be nonprofit organizations (NPOs), their employees still depend on ongoing revenue for their livelihoods. And revenue...

Do Churches Qualify for the Employee Retention Credit?

As an individual, you’re not eligible for tax credits or refunds if you didn’t file a personal tax return. Many churches have extrapolated this reasoning and concluded that since they don’t pay taxes, they’re not eligible for the Employee Retention Credit (ERC). While...

Is the Employee Retention Credit Taxable in California?

Due to COVID-19 and mandatory shutdowns for thousands of companies in California, legions of small businesses struggled to keep their employees working and the doors open. Unfortunately, many companies didn’t survive.  Fortunately, the federal government passed the...

How to Apply for the Employee Retention Credit in 2023

If you’ve been following the Employee Retention Credit (ERC), which is a credit for companies that kept employees on the payroll in 2020 and 2021, you may be somewhat confused about your potential eligibility and how long you have to file for it. For example, a common...

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...