If you have an employer-provided health insurance plan, you may qualify for the Employee Retirement Contribution (ERC) tax credit. However, there are certain rules to be aware of when filing your return, including the limitations on filing amended quarterly returns. You should also understand the calculation of qualified health expenditures. Eligibility for businesses If your […]
Employee Retirement Contribution (ERC) Tax Credit Read More »
The Employee Retention Credit is a great tool for companies to use to help recruit and retain employees. However, it can be complicated to determine whether or not you are eligible. You also need to know how to calculate it and when to apply it. If you are not sure, you should consult with an
Employee Retention Credit – How to Calculate and Apply Read More »
The tax credit for retention of employees is an effective business tool to assist them retain their employees during difficult economic times. In the Coronavirus Aid, Relief created the tax credit that is refundable and Economic Security (CARES) Act in the year 2020. The purpose of this legislation is for employers to ensure that they
ERTC Owners: How to Qualify for IRS ERC (Employee Retention Tax Credit) Read More »
The employee retention tax credit is an effective instrument for companies to help retain their employees through challenging economic times. The Coronavirus Aid, Relief created this tax credit, which is refundable, and Economic Security (CARES) Act in 2020 . It is designed to encourage employers to retain their employees on the payroll in spite of