A promise made is a promise kept; unless it’s the Employee Retention Tax Credit. The federal government made a promise to small businesses four years ago: Keep your employees on payroll during a ...
The IRS said Thursday that it will begin processing a backlog of claims for the Employee Retention Credit, a step forward for a program that was supposed to help businesses survive the coronavirus ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Thousands of small businesses ...
More than five years have passed since Congress created the employee retention credit (“ERC”) through the CARES Act. Between then and now, Congress has changed the applicable law four times,[1] and ...
Over the past three years, I have had the privilege of seeing numerous churches, private schools and other nonprofits receive the great news that they qualify for a six- or seven-figure dollar amount ...
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Lucrative tax credit's days appear to be numbered
The lucrative Employee Retention Credit — a Covid-19 relief measure that has drawn considerably scrutiny — appears likely to be on its last legs. Congress took aim at the Employee Retention Credit as ...
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