Employee Retention Credit

Employee Retention Credit: Up To $26,000 Per Employee From The IRS? Yes, Please.

The Employee Retention Credit (ERC) has been infusing small to mid-sized businesses with cash across the country since it was passed under the CARES Act, to encourage businesses to keep their employees on payroll. Qualifying employers can receive up to $26,000 per employee from this program, yet many businesses have not yet taken advantage of the ERC…

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Employee Retention Credit Axed for Fourth Quater

The Employee Retention Credit, which has been infusing businesses with cash that have been affected by the Covid-19 pandemic, is due to be terminated three months earlier than hoped. The legislation known as the Infrastructure Investment and Jobs Act, which will soon likely be signed into law, ends the Employee Retention Credit as of September…

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