erc-review

Employee Retention Credit 2023 Q4

COVID-19’s pandemic caused unimaginable hardships to many organizations and businesses around the globe. Many employers have experienced reduced revenues, higher expenses, and disruptions to their operations because of lockdowns, distancing from social media, and health-and-safety measures. The Employee Retention Tax Credit (ERC) is a refundable credit that employers can use to offset payroll costs. The …

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