erc-review

What Are Gross Receipts For Employee Retention Credit

COVID-19 has caused hardships and unprecedented challenges for businesses and organizations all over the world. 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 …

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