erc-review

941 Worksheet For Employee Retention Credit

COVID-19’s pandemic caused unimaginable hardships to many organizations and businesses around the globe. Many employers faced decreased revenues, increased costs, and disruptions of operations as a result of lockdowns. The Employee Retention Tax Credit (ERC) is a refundable credit that employers can use to offset payroll costs. The ERC, which was originally enacted in 2020 …

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