Small businesses are the backbone of the U.S. economy and have been hit hard by the COVID-19 pandemic. Many small businesses have had to shut down or lay off employees due to the economic downturn caused by the pandemic.  To help alleviate some of the…

The COVID-19 pandemic has had a devastating impact on the restaurant industry. According to the National Restaurant Association, the restaurant industry lost over $290 billion in sales in 2020 alone. Many restaurants had to close their doors permanently, and many smaller restaurants that remain open…

The COVID-19 pandemic has affected every sector of the economy, and healthcare providers have been no exception. As a result, many medical and dental practices, hospitals, and other medical facilities have faced financial challenges over the past several years.  To help alleviate some of these…

Retail businesses have been hit particularly hard by the pandemic. As a result, many retailers have had to furlough or lay off employees, devastatingly impacting their ability to serve customers and generate revenue. The Employee Retention Credit (ERC) is designed to provide some relief to…

The Employee Retention Credit (ERC) is a federal tax credit program encouraging employers to keep their employees on their payroll during the COVID-19 pandemic. While the ERC is a federal program, it applies to employers in Pennsylvania and other states. To be eligible for the…

The Employee Retention Credit (ERC) has provided many auto dealerships with financial relief from lost profits due to keeping and paying employees during the COVID-19 pandemic. While used vehicle sales have sharply risen post-pandemic, the ERC for dealerships is still available to those ordered to…